ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Sales of one firm/Total market sales x 100
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Number of units sold x price
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change in size of market / original size x 100
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None of the above
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Detailed explanation-1: -How to Calculate Market Share. Find your business’s total sales revenue for your preferred period and divide that number by your industry’s total revenue during the same period. Once you have this result, multiply the number by 100 to generate your market share percentage.
Detailed explanation-2: -To calculate sales per share, divided total revenue by the average total shares outstanding. Sales per share provides a quick glance in identifying a company’s productivity per share outstanding. The higher the sales-per-share ratio, the better a company is typically performing.
Detailed explanation-3: -To figure out the growth rate, we’d divide the increase by the original market share and multiply by 100. This means last year our company market share grew by 150%. Your market share growth calculation would look like this: 15% / 10% = 1.5 X 100 = 150% increase over time.
Detailed explanation-4: -Write down the total number of units that your company has sold over a period of time, such as a quarter or a financial year. Divide the total number of units that you have sold over the same period by the total number of units sold in the market as a whole. More items