QUESTION 2 of 10 : What is "market share"? a) The amount of floor space a retail store has b) The percentage that a store has of the total sales in its trading area c) The price of a store's shares on the stock market d) The shelf space a store devotes to any particular product

Question

QUESTION 2 of 10 : What is "market share"? a) The amount of floor space a retail store has b) The percentage that a store has of the total sales in its trading area c) The price of a store's shares on the stock market d) The shelf space a store devotes to any particular product

Answer 1

The correct answer is:b) The percentage that a store has of the total sales in its trading areaMarket share refers to the portion or percentage of total sales in a market captured by a particular company or store. It is an important metric for businesses as it indicates their competitiveness and success relative to other companies in the same industry.

Problemas

QUESTION 2 of 10 : What is "market share"? a) The amount of floor space a retail store has b) The percentage that a store has of the total sales in its trading area c) The price of a store's shares on the stock market d) The shelf space a store devotes to any particular product

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