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Tip of the Day Re-check Your Withholding Every Year

Re-check Your Withholding Every Year - Life has a funny way of changing, but missing golden opportunities for tax savings doesn't make us neglectful, it makes us silly. ...

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Cannibalization

Definition: Cannibalization refers to the negative results a company's existing business sees as the result of a new business decision.

Advice: Cannibalization is usually talked about when referring to new product launches.  If a company launches a new product that is too similar to an existing product, sales for the existing product may slump as its customers switch to the new product.

Brand companies have to be particularly careful not to cannibalize their existing brands when creating full, brand portfolios.

 

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Definition of the Day Redemption Price

Redemption Price - The redemption price of an issued stock, preferred stock or, bond known as the redemption value. This means that when you first divested and, purchased a preferred stock, well informed at the time of purchase what the specified price was. The set price of the stock for...

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