MANAGEMENT

Detailed explanation-1: -Market share is the percent of total industry sales that a company has. The higher the market share, the more sales a company has than its competitors in their given industry.

Detailed explanation-2: -Market share refers to the portion or percentage of a market earned by a company or an organization. In other words, a company’s market share is its total sales in relation to the overall industry sales of the industry in which it operates.

Detailed explanation-3: -Market share is the percentage of the total revenue or sales in a market that a company’s business makes up. For example, if there are 50, 000 units sold per year in a given industry, a company whose sales were 5, 000 of those units would have a 10 percent share in that market.

Detailed explanation-4: -Market share is a company’s percentage of the total sales volume generated by all companies in a given market.

Detailed explanation-5: -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.