Cannibalized income is additional income to a company as a result of a new product.

Name: Cannibalized income is additional income to a company as a result of a new product.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cannibalized income refers to a situation where the introduction of a new product by a company causes a decrease in sales and income of an existing product from the same company. Therefore, it is not additional income, but rather a redistribution of income within the company.

Cannibalized Income Is Additional Income to a Company as a Result