Multipoint Competition Arises When Two or More Enterprises Encounter Each

question 23

True/False

Multipoint competition arises when two or more enterprises encounter each other in different regional markets,national markets,or industries.

---

Definitions:

Outgroup Homogeneity Effect

The perception that members of an out-group are more similar to each other than they actually are, often contrasted with the in-group.

Out-Group Homogeneity Effect

The Out-Group Homogeneity Effect is a psychological phenomenon where individuals perceive members of an out-group as more similar to each other than they are to members of their in-group.

Fundamental Attribution Error

The tendency for observers to overestimate personality-based explanations for behaviors observed in others while underestimating situational explanations.

Systematic Judgments

Decisions or evaluations made based on a thorough analysis and following a specific method or protocol.