When two or more enterprises encounter each other in different regional markets,national markets,or industries,_____________ arises.
A) a monopoly
B) an oligopoly
C) a cartel
D) multipoint competition
E) international competition

Question

Quizplus · Accepted Answer

Multipoint competition arises when two or more enterprises encounter each other in different regional markets, national markets, or industries. This competition occurs when a firm competes with the same or different products or services in multiple markets, and the competition can be intensified due to brand name, reputation, or technological advantages. Examples include Coca-Cola and Pepsi, which compete globally in the soft drink industry, and McDonald's and Burger King, which compete in various regional and national markets.

When Two or More Enterprises Encounter Each Other in Different