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ra1l [238]
1 year ago
8

Cannibalization occurs when a producer offers a new product that takes sales away from its existing products

Business
1 answer:
MariettaO [177]1 year ago
5 0

Cannibalization occurs when a producer offers a new product that takes sales away from its existing products: TRUE

<h3>What is cannibalization?</h3>
  • Cannibalization in marketing strategy refers to a decrease in sales volume, sales revenue, or market share of one product when the same company releases a new one.
  • Cannibalization occurs when a manufacturer introduces a new product that competes with its existing items.
  • Market cannibalization occurs when a corporation introduces a new product that replaces one of its existing ones.
  • When a new product is identical to an old one and both share the same client base, market cannibalization occurs.

Therefore, the statement "cannibalization occurs when a producer offers a new product that takes sales away from its existing products" is TRUE.

Know more about cannibalization here:

brainly.com/question/5421107

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The correct question is given below:

Cannibalization occurs when a producer offers a new product that takes sales away from its existing products. TRUE or FALSE

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Dennis took 12 index card and wrote the number 1 -12 on them what number collected the cards,shuffled them , and drew one card f
nadezda [96]

1, or 100%.

There are 12 different cards, and all 12 of them have a number greater than 0, so the probability is 12/12, which can be simplified to 1.

5 0
3 years ago
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A commercial bank has $50 million in checkable-deposit liabilities and $10 million in actual reserves. The required reserve rati
Lilit [14]

The bank’s excess reserves are $6 million.

The required reserve ratio is 8%. It means that banks should keep 8% in their deposits as required reserves. The bank has a deposit of $50 million. It means it has to maintain only $4 million(50×0.08 )i.e 8% of 50 million,  as a required reserve. Excess reserves are the reserve, over and above required reserves. If overall reserves are 10 million and required reserves are only 4 million then excess reserve =6 million (10 -4)

The reserve ratio is the portion of reservable liabilities that business banks must keep onto, rather than lend out or invest. this is a requirement decided with the aid of the country's primary bank, which in America is the Federal Reserve. it is also known as the cash reserve ratio.

A reserve assets ratio for a bank which units the minimal liquid reserves that a bank ought to hold in the event of a sudden boom in withdrawals. A high reserve property ratio may limit the lending that a bank is able to do – it must maintain better amounts of cash.

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5 0
1 year ago
On April 1, Quality Corporation, a U.S. company, expects to sell merchandise to a French customer in three months, denominating
KengaRu [80]

Answer:

The correct answer is option (d) $8,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered.

Explanation:

Solution

Given that:

Spot rate:

1 euro = $1.41

Now,

Converting 400,000 euros into dollars gives us the following

400,000*1.41 =$564,000

Thys,

Contract rate,

=1 euro = $1.36

So,

Converting 400,000 euros into dollars gives us

400,000*1.36 = $544,000.00

Hence,

The increase  in net income =$564,000- $544,000

=$20,000

8 0
2 years ago
Reynolds Manufacturers Inc. has estimated total factory overhead costs of $95,000 and expected
Jobisdone [24]

Answer:

The correct answer is D

Explanation:

Computation of allocation of factory overhead cost for the Job NO 117:

Now, computing the rate of overhead allocation as:

Pre- determined rate of overhead allocation = Estimated aggregate overhead / estimated number of labor hours

where

Estimated aggregate overhead is $95,000

Estimated number of labor hours is 9,500 hours

Putting the values above:

= $95,000 / 9,500 hours

= $10 per hour.

Computing the overhead cost to be allocated to Job No 117 as:

Overhead cost to be allocated to Job No 117 = Number of direct labor hours  × pre- determined rate of overhead

where

Number of direct labor hours is 2,300 hours

Pre- determined rate of overhead allocation  is 10 per hour

Putting the values above:

= 2,300 hours × $10 per hour

= $23,000

8 0
3 years ago
g An investor wants to be able to buy 4% more goods and services in the future in order to induce her to invest today. During th
Hitman42 [59]

Answer: a. I, II and III are true

Explanation:

From the question, the statements that are true are:

I. 4% is the desired real rate of interest. II. 6% is the approximate nominal rate of interest required.

III. 2% is the expected inflation rate over the period.

4% is the desired real rate of interest because that's the rate at which the investor is willing to buy the goods in future.

2% is the expected inflation rate over the period because at that rate, there's expectation of future rise in price while 6% is the approximate nominal rate of interest required which is the addition of the 4% and the 2%.

7 0
3 years ago
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