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

The correct answer is:<br /><br />b) The percentage that a store has of the total sales in its trading area<br /><br />Market 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.