1. The passage identifies each of the following as a phenomenon associated with cluster inputsEXCEPT:
D. To penetrate a cluster market, distant suppliers of inputs needed by cluster constituents sometimes offer those materials at prices lower than those of the cluster's localsuppliers.
The passage mentions that companies within a cluster can obtain inputs from distant locations if necessary. This suggests that distant suppliers might offer competitive prices to gain a foothold in the cluster market (established companies within the cluster might already have established relationships with local suppliers).
The passage, however, doesn't explicitly state that this competition between local and distant suppliers directly forces local suppliers to lower their prices in general. It focuses more on the overall competitive environment within the cluster that benefits from various factors, including competition amongsuppliers.
2. It can be inferred that the author of the
...
D. To penetrate a cluster market, distant suppliers of inputs needed by cluster constituents sometimes offer those materials at prices lower than those of the cluster's localsuppliers.
The passage mentions that companies within a cluster can obtain inputs from distant locations if necessary. This suggests that distant suppliers might offer competitive prices to gain a foothold in the cluster market (established companies within the cluster might already have established relationships with local suppliers).
The passage, however, doesn't explicitly state that this competition between local and distant suppliers directly forces local suppliers to lower their prices in general. It focuses more on the overall competitive environment within the cluster that benefits from various factors, including competition amongsuppliers.
2. It can be inferred that the author of the
...
Statistics : Posted by Gemmie • on 09 Sep 2023, 10:45 • Replies 6 • Views 6674
