Porter’s Cluster Theory

Porter’s Cluster Theory holds that geographical areas with a large concentration of a certain type of companies allow that area to obtain an absolute or comparative advantage. How do those companies benefit from the presence of other companies like them in the same area? (Points : 1) They can attract talented employees. Such concentration fosters … Read more

Inventory reduction

Inventory reduction was a major goal of companies in the 1980s. This change was due to the increasing costs of oil and of products manufactured with oil. True False

The Heckscher-Ohlin Theory

The Heckscher-Ohlin Theory holds that countries that have an abundance of certain resources enjoy an absolute or comparative advantage over other countries. Which of the following is NOT one of the factors that Heckscher and Ohlin considers scarce? (Points : 1) Land Labor Capital Education None of the above

Following Hitler’s suicide, his German successors surrender to the Allies

Place the events below in correct chronological order. 1) Following Hitler’s suicide, his German successors surrender to the Allies 2) Allies met at a conference in Portsmouth to determine the fate of a cross channel invasion (D-day) 3) The Tehran conference ended the debate concerning OVERLOAD 4) At the Casablanca Conference the Allies determined POINTBLANK … Read more