Class Discussion 1J

User Generated

lnmyrr

Business Finance

Description

This is a question in my Finance class that needs to be answer with at least 140 words. If you don’t use your own words please cite in text with reference. No Plagiarism.

Explain what erosion is and why it is relevant.

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Explanation & Answer

Attached.

EROSION IN BUSINESS
Erosion can be defined as any form of a negative effect on a company’s profits, assets or
overall sales. In business, erosion is considered a significant business risk since the detrimental
impact can occur ...


Anonymous
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