Ask Question
25 June, 09:00

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.

+4
Answers (1)
  1. 25 June, 10:05
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers