Multipoint competition is where:
A) firms have multiple retail outlets.
B) firms have multiple products in their primary industry.
C) large diversified firms compete against each other in several markets.
D) large diversified firms have diversified portfolios of companies.

Question

Quizplus · Accepted Answer

Multipoint competition refers to competition among firms in multiple markets or industries. Option C describes this situation, where large diversified firms compete against each other in several markets. Option A refers to a company's distribution strategy, while option B describes product diversification in a single industry. Option D is also related to diversification, but it involves a conglomerate owning a portfolio of separate companies.

Multipoint Competition Is Where