Asked by
kenisha hawkes
on Nov 07, 2024Verified
A gas station owner expands floor space to make room for a convenience store would likely NOT cause erosion.
Erosion
In finance, the gradual reduction of earnings or assets, often due to competition or other external factors.
- Identify and compute the effects of erosion in the assessment of new initiatives.
Verified Answer
DA
Learning Objectives
- Identify and compute the effects of erosion in the assessment of new initiatives.