MANAGEMENT

Detailed explanation-1: -A market leader is a company with the largest market share in an industry that can often use its dominance to affect the competitive landscape and direction the market takes. A market leader typically enjoys the largest market share or the largest percentage of total sales in a given market.

Detailed explanation-2: -Market leader dominates the market by influencing the customer loyalty towards it, distribution, pricing, etc. Description: Market leader can be attributed to a firm which has the largest market share in a given industry. The term could also be ascribed to a firm which has the highest profitability margin as well.

Detailed explanation-3: -Market leader refers to a company that holds the largest market share in the sector that it operates in. A market leader will typically enjoy the largest fraction of total sales in a given market. A market leader tends to outperform its competitors in metrics that measure business success.

Detailed explanation-4: -A marketing leader is the one who helps plan out the new marketing strategy. This crucial part of the marketing plan aligns the goals and establishes the key metrics that measure the success rate. The marketing goals should align with the brand’s overarching goals for removing barriers to growth or stability.

Detailed explanation-5: -MARKET STRATEGIES Leaders can protect market share by monitoring their position and rushing to remedy any weaknesses. Continuous innovation is the best way to protect market share.