Cannibalization is the process by which a firm's financial resources are depleted by a single product offering.

Name: Cannibalization is the process by which a firm's financial resources are depleted by a single product offering.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cannibalization is the process by which a new product offering eats into the sales and profits of an existing product within the same company, not necessarily depleting the firm's financial resources overall.

Cannibalization Is the Process by Which a Firm's Financial Resources