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.
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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
Answer:
1. 30 hours.
2. $500 (dollars)
Explanation:
According to the Federal Trade Commission from the survey conducted based on the United States of American population age 18 and over, amongst other findings, it was concluded that; A person will likely spend 30 (THIRTY) hours to resolve the problems caused by identity theft and up to $500 (FIVE HUNDRED DOLLARS) on costs related to identity theft, not including attorney fees.
Answer:
Once the utensils were denied to me and my family as the hotel staff was not sure that the area were we were about to eat was available for that purpose. The staff made us wait for as long as 10 minutes and the area was clearly usable for having lunch. I reported a complain to the manager and they gave me a bottle of Rum.
The staff in a hotel have to be aware of what are the usages of th
Explanation:
Answer:
A. 40,000
Explanation:
Data provided
Sold units = 39,000
Beginning units = 16,000
Ending units = 17,000
The computation of units is shown below:-
Production units = Sale unit + Desired ending inventory - Beginning inventory
= 39,000 + 17,000 - 16,000
= 56,000 - 16,000
= 40,000
So, for computing the production sales we simply applied the above formula.
<h3>From the given scenario, it can be inferred that Hearthstone Electronics and Influx Electronics share differentiation parity.
</h3>
Explanation:
A business achieves differentiation of parity when it generates the same perceived value as its rival organization. A cost leader will achieve a competitive advantage as long as its generated economic value is greater than its competitors'.
The parity of differentiation deals with value and not with pricing. Parity to differentiation happens when a business generates the same value as its rival. Price parity means paying the same prices as a rival, with pricing involved.