Erosion can be explained as the:
A) additional income generated from the sales of a newly added product.
B) loss of current sales due to a new project being implemented.
C) loss of revenue due to employee theft.
D) loss of revenue due to customer theft.
E) loss of cash due to the expenses required to fix a parking lot after a heavy rain storm.

Question

Quizplus · Accepted Answer

Erosion refers to the loss of current sales or revenue that occurs when a new project or product is introduced, potentially cannibalizing the sales of existing products.

Erosion Can Be Explained as The