Hypercompetition is a situation that involves very rapid and unpredictable moves and countermoves that can undermine competitive advantages.

Name: Hypercompetition is a situation that involves very rapid and unpredictable moves and countermoves that can undermine competitive advantages.
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Question

Quizplus · Accepted Answer

Hypercompetition refers to a market environment where the pace of change is fast, and companies must constantly adapt to maintain their competitive edge, often leading to rapid and unpredictable strategic moves.

Hypercompetition Is a Situation That Involves Very Rapid and Unpredictable