Question

What type of competition stems from new products, new processes, new markets, and new forms of business organization

Answer 1

Answer: Creative destruction

Step-by-step explanation:

Creative destruction, just like the name suggest is used to refer to the creation of new products and processes. Or an innovative mechanism by which new production units are produced. this are used to replace outdated or obsolete ones. This usually results in the production of new products, process, and markets.