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30 January, 16:18

Erosion can best be explained as the:

A. loss of current sales due to a new project being implemented.

B. loss of revenue due to employee theft.

C. additional income generated from the sales of a newly added product.

D. loss of revenue due to customer theft.

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Answers (1)
  1. 30 January, 17:34
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    A. loss of current sales due to a new project being implemented.

    Explanation:

    In business, erosion takes place when a new product or project competes with another product or project from the came company. This "internal" competition reduces the revenues and benefits from existing products or projects. It is basically a form of business cannibalization, where the left arm takes away from the right arm. E. g. newer smartphone models decrease the sales revenue from existing (older) models.
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Home » Business » Erosion can best be explained as the: A. loss of current sales due to a new project being implemented. B. loss of revenue due to employee theft. C. additional income generated from the sales of a newly added product. D.
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