Camelot Baby Carriages decided to enter the European market.Sam's Strollers followed to ensure that Camelot would not gain competitive advantage in Europe that could lead to the same thing occurring in Asia.Sam's then decides to enter the Australian market,and Camelot follows.This is an example of:

Question

Quizplus · Accepted Answer

This is an example of multipoint competition, where companies compete with each other in multiple markets or regions. In this case, Camelot and Sam's Strollers are competing with each other in Europe, Australia, and potentially other regions as well.

Camelot Baby Carriages Decided to Enter the European Market