Module: General Practice
Q139: According to the UNIDO and Ministry of MSME definitions, which of the following best describes an "Industrial Cluster"?
✅ Correct Answer: B
Concept Definition: A "Cluster" is officially defined as a concentration of enterprises, mostly Micro and Small, located within an identifiable and contiguous geographical area, producing same or similar products.
Key Characteristics:
Proximity: Units are geographically close to each other.
Similarity: They use similar methods of production, technology, and marketing strategies.
Interdependence: They face common challenges, such as raw material shortage, and common opportunities.
Context: This definition aligns with the UNIDO (United Nations Industrial Development Organization) model.
The core goal is "Collective Efficiency," which means achieving together what individual units cannot achieve alone.
Key Characteristics:
Proximity: Units are geographically close to each other.
Similarity: They use similar methods of production, technology, and marketing strategies.
Interdependence: They face common challenges, such as raw material shortage, and common opportunities.
Context: This definition aligns with the UNIDO (United Nations Industrial Development Organization) model.
The core goal is "Collective Efficiency," which means achieving together what individual units cannot achieve alone.