When diversification results in two companies, such as UPS and FedEx, simultaneously competing in the same product areas or geographic markets, this is called ____ competition.
A) multiple
B) multiportal
C) multipoint
D) multiplicit

Question

Quizplus · Accepted Answer

Multipoint competition occurs when two or more companies simultaneously compete in the same product areas or geographic markets. This often occurs as a result of diversification efforts, as seen with companies like UPS and FedEx both offering package delivery services, resulting in multipoint competition. Neither A, B, nor D accurately describes this concept.

When Diversification Results in Two Companies, Such as UPS and FedEx