This structure is called the Marketing Information System, or MIS for short.
Cannibalization occurs when a producer offers a new product that takes sales away from its existing products: TRUE
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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.
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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
The price of an item refers to the assignment of value, or the amount the consumer must exchange to receive the offering or product.
Whether you are purchasing a service or a good you are going to pay a price for that item. The price is determined by the organization as what the expect a consumer to willingly pay. The price is often determined by the value the service or good holds in the eyes of the consumer.
Answer:
A. Conflict of interest
Explanation:
Conflict of interest for an organization or company is a situation whereby the organization has competing interest or loyalties become of their duties to provide more than one service for an individual or organization. This is why the act prohibited accounting firms from doing both consulting services and auditing services for the same clients as there'd be a lot of conflict of interest in doing both.
The company may not be able to make a fair decision if they would be affected by it.
