________ exists when two or more diversified firms simultaneously compete in multiple markets.
A) Multipoint competition
B) Dynamic competition
C) Multipoint cooperation
D) Dynamic cooperation

Question

Quizplus · Accepted Answer

Multipoint competition refers to the situation where two or more diversified firms simultaneously compete in multiple markets. This happens when companies with diversified operations engage in competition across multiple geographic locations or product lines. This type of competition is often characterized by competitive moves and countermoves as each firm tries to gain an advantage over the other in multiple markets.

________ Exists When Two or More Diversified Firms Simultaneously Compete