When diversification results in two companies,such as Compaq and Hewlett-Packard simultaneously competing in multiple markets,this is called ____ competition.
A) multiple market
B) cut-throat
C) multipoint
D) oligopolistic

Question

Quizplus · Accepted Answer

Multipoint competition refers to when two or more companies compete against each other in multiple markets. In this case, Compaq and Hewlett-Packard are diversifying their operations and competing in multiple markets resulting in multipoint competition.

When Diversification Results in Two Companies,such as Compaq and Hewlett-Packard