1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dennis_Churaev [7]
3 years ago
5

A company introduced the Funday film to compete with lower-priced brands, but it found many of its regular customers bought Fund

ay instead of its usual, higher-priced film. The company experienced ________.
Business
1 answer:
lana [24]3 years ago
8 0

Answer:

cannibalization

Explanation:

Based on the information provided within the question it can be said that in this scenario the company is experiencing cannibalization. In the context of business strategies, this term refers to when a company experiences loss in sales revenue, volume, or even market share caused by introducing a new product by the same producer into the market. Which is what happened in this scenario as the company introduced Funday Film.

You might be interested in
Traditionally, department stores almost exclusively offered soft goods. But now, most department stores focus on selling both ha
Studentka2010 [4]

Answer:

False

Explanation:

Traditionally, department stores sold both soft goods and hard goods. But now, most department stores focus almost exclusively on soft goods.

Soft goods refers generally to clothing and other textiles like bedding and fabrics.

Hard goods refers to a broad range of products like appliances, furniture, tools, electronics, etc.

5 0
3 years ago
An individual purchased a fixed annuity with flexible premiums. When she annuitized the policy, she chose the Life Income 10-Yea
Dvinal [7]

Answer:

The beneficiary should receive 6 more years of payment.

Explanation:

An annuity certain option guarantees that the insured or his/her beneficiaries will receive payments for a minimum period of time in case the insured dies.

In this question the certain option was 10 years, during the first 4 years the insured received his/her annuity payments, but once the insured passed away, his/her beneficiaries will continue to receive payments until the 10 year period ends (6 more years).

5 0
3 years ago
Which of the following should which of the following should be of concern when a company considers expanding into a new Internat
vladimir1956 [14]
I think it might be (all of the above)
8 0
3 years ago
Suppose that you prefer reading a book you already own to watching tv and that you prefer watching tv to listening to music. if
WINSTONCH [101]
<span>The opportunity cost of reading is watching TV.
</span>
Opportunity cost alludes to an advantage that a person could have gotten, yet offered up, to make another course of move. Expressed in an unexpected way, an opportunity cost that shows an alternative given up when a choice is made. This cost is, accordingly, most significant for two totally unrelated occasions.
8 0
3 years ago
What does an exchange rate tell you?
saw5 [17]

Answer:

C. How much one unit of currency is worth when converted to another currency

4 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following correctly describes NIMS? A. A communications plan. B. A static system used during large-scale incidents.
    14·2 answers
  • The cash account had a normal balance of $48,000 at the beginning of the month. during the month, langdon company received cash
    8·1 answer
  • A promising strategy to help other countries increase food resources has been Select one:
    8·1 answer
  • Most likely, Staples's lower color print price point is aimed at ______.
    13·1 answer
  • A monopoly is a market for a good or service that
    12·1 answer
  • Two professors at a nearby university want toco-author a new textbook in either economics or statistics. They feel that ifthey w
    12·1 answer
  • Which one of the following is a primary market transaction? Group of answer choices Sale of currently outstanding stock by a dea
    13·2 answers
  • The net cost to society from the imposition of a tax is also known as:
    13·1 answer
  • Paula Reid is the manager at the Miami office of the U.S. Secret Service who set in motion a major prostitution scandal by repor
    10·1 answer
  • A setback of affirmative action is that: a. those benefitting from affirmative action begin to experience self-doubts about thei
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!