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Encourage development of clusters

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Reference no: EM132942086

Related and supporting industries: Encourage development of clusters: local concentrations of interconnected companies, suppliers, industries, and institutions in a particular field. Having high-quality supporting industries and services nearby enhances your firm's efficiency and innovation.

For example:

American Express depends on travel-related spending for much of its credit card revenues, so it cultivates clusters to improve tourism. Its Travel and Tourism Academies, located in thousands of secondary schools in ten countries, trains students for careers in travel agencies, airlines, hotels, and restaurants. Local citizens gain jobs; AmEx strengthens its industry.

Find out the related and supporting industries of Junaid Siddiqui & Co. Ltd. Group. And analyze how aid the organization in increasing the firm's innovation and efficiency as seen in the example.

Reference no: EM132942086

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