Given some redundancy in its product mix,Prestige is not immune from cannibalization.

Name: Given some redundancy in its product mix,Prestige is not immune from cannibalization.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Cannibalization refers to a situation where one product of a company eats into the sales of another product within the same company. Since Prestige has redundancy in its product mix (i.e. some products are similar to each other), it is possible for cannibalization to occur. Therefore, the statement is true.

Given Some Redundancy in Its Product Mix,Prestige Is Not Immune