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:

Revised Model Business Corporation Act

A set of laws recommended for adoption by state legislatures in the United States to standardize the regulation of corporations across states.

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interests and possibly rights to dividends and voting in company affairs.

Quorum

The minimum number of members of a deliberative body necessary to conduct the business of that group.

Special Shareholder Meeting

A meeting outside the scheduled annual shareholder meetings, often called to discuss and vote on urgent issues.