Multipoint Competition Exists When Two or More Diversified Firms Simultaneously

question 30

True/False

Multipoint competition exists when two or more diversified firms simultaneously compete in multiple markets, and multipoint competition can serve to facilitate a particular type of tacit collusion called mutual forbearance.

---

Definitions:

Education

The systematic process of facilitating learning, or the acquisition of knowledge, skills, values, and habits through various forms.

Lifestyle

The way in which a person or group lives, including patterns of social relations, consumption, entertainment, and dress.

Attitude

A settled way of thinking or feeling about something, which is often reflected in a person's behavior.

Psychographic Information

Data related to the personality, values, attitudes, interests, or lifestyles of individuals.