Hyper-competition is typically associated with

Question

Quizplus · Accepted Answer

Hyper-competition is often associated with globalization, which refers to the growing interconnectedness and interdependence of markets worldwide. As companies expand their operations to new regions and countries, they must compete with local firms as well as multinational corporations, leading to intense competition. Tariffs and protectionism, government regulation, and weakened corporations may all contribute to a less competitive environment. Greater equality of income and wealth is not typically associated with hyper-competition.

Hyper-Competition Is Typically Associated with