Multipoint competition occurs when companies compete against each other in different industries.

Question

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Multipoint competition occurs when companies compete against each other in different industries. This means that they are competing in multiple markets, and often try to gain an advantage over their competitors by leveraging resources and competencies across these different industries. For example, a company that produces both low-cost clothing and high-end luxury goods may be in multipoint competition with other companies that operate in either or both of these markets.

Multipoint Competition Occurs When Companies Compete Against Each Other in Different