The term hypercompetition applies to industries that are characterized by ____ competition.Multiple select question.ongoingintensepermanentemployeediverse

The term hypercompetition applies to industries that are characterized by ongoing, intense, and permanent competition.

1. Ongoing competition implies that the competitive environment is constantly changing, with no clear dominance by any one player.
2. Intense competition indicates that companies are aggressively vying for market share, often through innovation, pricing strategies, and marketing efforts.
3. Permanent competition suggests that such a competitive landscape is not a temporary phase but a fundamental characteristic of the industry.

The option employeediverse does not typically relate to the concept of hypercompetition in this context and may not be applicable. Thus, the correct selections would be ongoing, intense, and permanent.