When New Products or a New Chain Steals Customers and Sales

question 50

Multiple Choice

When new products or a new chain steals customers and sales from older existing ones it is referred to as

• A)cannibalization.
• B)amortization.
• C)product appropriation.
• D)profit pilfering.
• E)profit implosion.

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Definitions:

Declines

Refers to a decrease in the value, amount, or quality of something, often observed in economic indicators or market trends.

Positive Slope

In mathematics, a line on a graph that shows a relationship where as one variable increases, so does the other.

Increasing

describes a situation or process where there is a growth or addition in quantity, size, number, or extent.

Negative Slope

A line or curve on a graph that descends from left to right, indicating an inverse relationship between two variables.