Whenever a product line or a product family is extended, there is a risk of cannibalization, which occurs when sales of an existing brand decline as the firm's current customers switch to the new product.
<h3>What is a new product line?</h3>
This is term that is used to refer to the offering of a new product from a line that the company has not offered previously. It is the introduction of a new product entirely to the market.
Hence we have to say that Whenever a product line or a product family is extended, there is a risk of cannibalization, which occurs when sales of an existing brand decline as the firm's current customers switch to the new product.
Read ore on cannibalization here: brainly.com/question/17772125
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Answer:
The correct answer is True.
Explanation:
Fiduciary assignments that have as their object the realization of investments, the administration of goods or the execution of activities related to the granting of guarantees by third parties to ensure the fulfillment of obligations, the administration or surveillance of the goods on which the guarantees fall and the carrying them out, subject to the restrictions established by law; act as transfer agent and register of securities; act as a representative of bondholders; act as trustee, curator of property or as depositary of sums recorded in any court, by order of judicial authority or by determination of persons who have legal power to designate them for such purpose.
Fiduciary companies may carry out investment trust operations through commercial fiduciary contracts, concluded in accordance with legal formalities, or through fiduciary orders.
Fiduciary activities are not reported in the government-wide financial statements
They may form ordinary common investment funds integrated with monies received from various constituents or adherents for this purpose.
Answer:
$50
Explanation:
As per previous balance method the Interest is charged based on the opening balance of the Credit Card.
As $50 was the balance from previous month and opening balance for this month, Hence $50 would be the amount we would use to calculate the interest for this month.
Answer: $87780
Explanation:
The monthly financial advantage (disadvantage) for the company as a result of accepting this special order will be calculated thus:
Sales = $295020
Less Cost:
Material = $162030
Labor = $31020
Variable manufacturing = $7920
Variable selling = $6720
Total cost = $207240
Financial Advantage = $295020 - $207240
= $87780
Answer:
A: Laggards.
Explanation:
- Willingness of customers to try out new products.
There are 5 types of adapters, identified by Sociologist Evrett Roger in 1962:
- Laggards.
- Early adopters.
- Early majority.
- Category captains.
- Late majority.
Laggards: These are those customers who adopt to new ways slowly, after those ways would have become normal for the world.
- Such as malik realized the essential need for laptop lately, however the market was filled with the product.
