Definition: a Zero-sum Game is a competitive philosphy and Game Theory scenario in which the accumulated gains (profits, benefits) of one or more participants in an activity is offset by the accumulated losses (disadvantages) of one or more other participants. |
More on competition: Competition Levels, Competitive Advantage, Competitive Intelligence, Cost Leadership, Curveball Strategy, more on competition... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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