A planned cluster of enterprises is called ______.
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A planned cluster of enterprises is called business cluster. It is geographically interconnected businesses, associated institutions and suppliers in a specific area. They are considered to increase productivity so that companies can compete nationally and internationally. Agglomeration is also used for them.
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A planned cluster is known as the business cluster, this is also known as agglomeration. With the help of this, the companies can compete nationally as well as globally. There is another cluster which is known as industry cluster in which common markets, technologies used in the companies, the skills of the workers, they are mostly used in selling and buying. Clusters are made in order to share the resources between the companies which have the same nature so that they can take advantage of the things which are not accessible to them, they compete and work together in order to have better competiton.
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