There is constant, fierce competition between telecommunication companies due to the continuous advances in mobile technology and a wide range of customer tastes. This is called
A)ultracompetition.
B)hypocompetition.
C)supercompetition.
D)hypercompetition.
E)extracompetition.

Question

Quizplus · Accepted Answer

Hypercompetition refers to an environment characterized by intense and rapid competitive moves, where competitors must constantly adapt to survive. This term is commonly used to describe industries like telecommunications, where technological advancements and diverse consumer preferences drive fierce competition.

There Is Constant, Fierce Competition Between Telecommunication Companies Due to the Continuous