The Idea Behind Multipoint Competition Is to Ensure That

question 112

Multiple Choice

The idea behind multipoint competition is to ensure that:

• A)a rival does not dominate one market and use the profits from there to drive competitive attacks elsewhere.
• B)the competitors cooperate with each other to establish a duopolistic regime,in much the same way as Boeing and Airbus have done in the aircraft industry.
• C)no other competitors can enter the market unless they resort to licensing or franchising with the initial pioneers.
• D)the main competitors can incubate growing technologies or business methods in new markets and transfer the gains to established markets.

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Definitions:

Innate

Inherent or natural characteristics or abilities present from birth, not acquired or learned.

Evolutionary Theories

A group of ideas aimed at explaining how biological species evolve over time due to genetic variation, natural selection, and adaptation.

Primary Reaction

An initial automatic response to a given stimulus or situation, often reflexive or instinctual in nature.

Hedonic Adaptation

The noted human inclination to swiftly revert to a stable state of happiness, regardless of significant life changes or impactful positive or negative occurrences.