When the Introduction of a New Product Takes Sales Away

question 20

Multiple Choice

When the introduction of a new product takes sales away from the firm's existing products,it is known as ______.

• A)cannibalization
• B)sales creation
• C)transfer pricing
• D)opportunity cost

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Definitions:

Complementary Protein

Proteins obtained from two or more dietary sources that together provide all of the essential amino acids needed for health.

Whole Grain Rice

Rice that retains its outer fibrous layer, germ, and endosperm, offering higher nutritional value compared to white, processed rice.

Lentils

Edible legumes known for their lens shape, highly nutritious with a rich content of protein, fiber, and minerals like iron and folate.

Soybeans

A type of legume native to East Asia, widely grown for its edible bean which has numerous uses.