Ask Question
BusinessBusiness
16 April, 01:12

Erosion can best be explained as the:

A. loss of current sales due to a new project being implemented.

B. loss of revenue due to employee theft.

C. additional income generated from the sales of a newly added product.

D. loss of revenue due to customer theft.

+2
Answers (1)
  1. 16 April, 01:38
    0
    A. loss of current sales due to a new project being implemented.

    Explanation:

    In business, erosion takes place when a new product or project competes with another product or project from the came company. This "internal" competition reduces the revenues and benefits from existing products or projects. It is basically a form of business cannibalization, where the left arm takes away from the right arm. E. g. newer smartphone models decrease the sales revenue from existing (older) models.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Erosion can best be explained as the: A. loss of current sales due to a new project being implemented. B. loss of revenue due to employee ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How many lbs. of potatoes does of mcdonald's use in a year?
Answers (1)
True or false? low-skilled us labor was in favor of nafta because it will inevitably increase the standard of living for the country as a whole.
Answers (1)
A company's strategy is unlikely to succeed unless: a. the company has competencies and capabilities to efficiently sustain its competitive differentiation. b. includes a permanent, unchangeable mission statement and vision statement. c.
Answers (1)
What type of assets (or liabilities) more readily lend themselves to fair value measurements?
Answers (2)
Tactical planning would include which of the following? a. Profit goals b. Design, test, and install the equipment needed to produce a new product line c. Human resources requirements d. Return on investment
Answers (1)
New Questions in Business
True or False: When a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False
Answers (1)
Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.
Answers (1)
The financial statements for Harold Corporation contained the following information: Accounts receivable $ 5,000 Sales revenue 75,000 Cash 15,000 Salaries and wages expense 20,000 Rent expense 10,000 How much was Harold's net income?
Answers (1)
Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for contributions to her retirement plan. what is nastasha's adjusted gross income? a. $109,971 b. $22,887 c.
Answers (1)
Debra notes that theo chocolate has started holding its own operations to the same imo standards of fair trade to which it holds its suppliers. this type of sends a powerful message to employees and customers.
Answers (1)
Home » Business » Erosion can best be explained as the: A. loss of current sales due to a new project being implemented. B. loss of revenue due to employee theft. C. additional income generated from the sales of a newly added product. D.
Sign Up Forgot Password?