Cannibalization occurs when existing products take sales away from new products the firm is trying to promote.
Answer the following statement true (T) or false (F)
False
Cannibalization occurs when new products take sales away from the firm's existing products rather than generating additional revenues or profits through new sales.
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Why is intraorganizational bargaining more visible on the union's side of collective bargaining than on management's side?
What will be an ideal response?
In which of the following is the usual reason for the return of the goods that they were not able
to be resold? A) Sale or return and sale on approval B) Sale on approval C) Sale or return D) Consignment, sale or return, and sale on approval E) Consignment and sale or return
A(n) __________ is an agreement by a lender to replace a construction loan with a permanent loan, usually after certain conditions, such as the timely completion of the project, have been met
a. substitution agreement b. interim agreement c. development commitment d. take-out commitment
Brown offered to sell Wilson an air conditioner for $300 . When Wilson said he needed time to think about the offer, Brown said that he would keep the offer open for five days. Which of the following statements is correct?
a. Brown may not withdraw the offer until the end of the fifth day. b. Brown may withdraw the offer at any time before acceptance is made. c. Brown's agreement to keep the offer open created an option to purchase the air conditioner. d. Brown may not withdraw his offer without Wilson's consent.