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

question 95

Multiple Choice

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

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Definitions:

Methodism

A group of historically related denominations of Protestant Christianity which derive their inspiration from the life and teachings of John Wesley.

Spiritual Awakening

A profound realization or enlightenment that an individual experiences, leading to a deeper understanding of life and one's place in the universe.

Pietism

A movement within Lutheranism that emerged in the 17th century, focusing on personal faith, the need for a born-again experience, and the importance of living a Christian life rather than merely adhering to doctrine.

Slaves

People who are legally owned by others and forced to work without pay, historically a widespread practice across many societies and cultures.