ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The business’s percentage of total sales generated by all companies in the same market is called ____
A
ROI
B
Breakeven Point
C
Market Sale
D
GDP
Explanation: 

Detailed explanation-1: -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: -2.6 Market Share – A company’s percentage of total sales volume generated by all competition in a given market. The formula to calculate market share is the company’s sales divided by the total sales of the industry as a whole.

Detailed explanation-3: -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.

There is 1 question to complete.