Jhuffman60idn
Answered

Discover how IDNLearn.com can help you learn and grow with its extensive Q&A platform. Discover comprehensive answers to your questions from our community of knowledgeable experts.

What term refers to the percentage of a brand's share of sales in a competing market?

A. market share
B. sales growth
C. stockholder
D. economics

Sagot :

GinnyAnsweridn

Final answer:

Market share is the percentage of sales a brand holds in a market, reflecting its competitiveness. Monitoring market share is crucial for businesses to assess their performance.


Explanation:

Market share refers to the percentage of sales in a market that a brand captures. It indicates the brand's presence and competitiveness in the market.

For example, if Company A has a 30% market share in the smartphone market, it means that 30% of all smartphone sales are attributed to Company A.

Monitoring market share helps businesses track their performance and understand their position in relation to competitors.


Learn more about Market share here:

https://brainly.com/question/34560149


Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for choosing IDNLearn.com. We’re dedicated to providing clear answers, so visit us again for more solutions.