ENTREPRENEURSHIP

Detailed explanation-1: -What Is Market Share? Market share is the percent of total sales in an industry generated by a particular company. Market share is calculated by taking the company’s sales over the period and dividing it by the total sales of the industry over the same period.

Detailed explanation-2: -A company’s market share is its sales measured as a percentage of an industry’s total revenues. You can determine a company’s market share by dividing its total sales or revenues by the industry’s total sales over a fiscal period. Use this measure to get a general idea of the size of a company relative to the industry.

Detailed explanation-3: -Market share-The number of units of a product (or their dollar value) expressed as a percentage of the total number of units sold by all competitors in a given market. The percentage of the total amount of product sold in a market that is sold by an individual company.

Detailed explanation-4: -Market share is the percent of total sales in a specific industry generated by a particular company and is a measurement of how much one company controls an entire industry. Market share is calculated by dividing the company’s total revenues by the total sales of the whole industry during a specific period of time.