Per the description why geographical cluster develop the, Financial Management

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Per the description why geographical cluster develop the

1. Per the description why geographical cluster develop, the following are true.

Enrich industrial atmosphere

Attract liked activities

Unify for a single industry only

Deepen and widen local labor market

2. The following are the benefits to the Principal firms as a result of outsourcing/subcontractor relationships with a supplier except:

Access to technical knowledge, possible injection of finance

Externalize some risks

Avoids investment in new capital

Easier to change contractors

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