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)decrease in expected annual revenues as a new product ages.

Question

Quizplus · Accepted Answer

Erosion, in a business context, refers to the loss of current sales or revenue when a new project or product is introduced. This typically happens when the new offering cannibalizes the sales of existing products or services.

Erosion Can Be Explained as The