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CaHeK987 [17]
4 years ago
12

What is a company's market share?

Business
2 answers:
PSYCHO15rus [73]4 years ago
7 0

The answer is: D. The percentage of the total market for the product or service that belongs to the company

For example let's say that there is a total of 100,000 potential consumers for product X. From that 100,000, your company able to create product X that is bought by 10,000 customers. From this number, we can say that your company had 10% market share in product X market.

Market share is usually counted in order to know the popularity of your product compared to the competitors in similar market.

Delicious77 [7]4 years ago
6 0

Answer:

D. The percentage of the total market for the product or service that belongs to the company

Explanation:

A company's market share is its sale measured as a percentage of an industry's total revenue.

You can determine a company's market share by dividing its total sales or revenue by total industry sales over a specific fiscal period.

This metric is used to give you a general idea of how big a company is relative to its market and competitors.

There are several types of market share, which can be of value or volume:

  • Value market share is based on a company's total share of total segment sales;
  • Volumes refer to the actual number of units a company sold in relation to the total units sold in the market.

The value-volume market share equation is not generally linear: a unit may have high values and low numbers, which means that the value market share may be high but the volume share may be low.

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The following production data were taken from the records of the Finishing Department for July:Inventory in process, June 1, 30%
zepelin [54]

Answer:

Conversion Cost Equivalent units FIFO           39, 125

Explanation:

Beginning WIP           5,000 30% completed

transferred units       39,500

ending WIP                 4,500  25% completed

<u>The equivalent units will be:</u>

the transferred units

- complete portion for the beginning WIP

+ complete portion of the ending WIP

transferred out                      39,500

work in previous period

5,000 x 30% =                         (1,500)

worked but not complete

4,500 x 25% =                        <u>  1, 125 </u>  

Equivalent units FIFO           39, 125

5 0
3 years ago
A Masters degree candidate needs to conduct a research project for her Masters thesis. She is interested in the types of junk fo
ladessa [460]

Answer:

The answer is: D) Not human subjects

Explanation:

Her research project is about junk food availability, and that doesn´t include research with human beings. The research should be classified as Not Human Subject since it doesn´t involve any living individual.

Research done on humans are classified as:

  • Exempt from review: if it involves very minimal or no risk for human participants.
  • Expedited review: if it doesn´t classify as exempt review but it involves no more than minimal risk to the participants and meets other standards, such as not including protected classes or vulnerable populations, and not using intentional deception.
  • Full board review: If it doesn´t classify as exempt from review or expedited review.

8 0
3 years ago
As a researcher, what would you do if you set to reject the null and found the null to be true?
soldi70 [24.7K]
Set the significance level of the probability of making a type error to be small 0.01, 0.05, or 0.10 compare the P value to if the P value is less than or equal to reject the no hypothesis in favor of the alternative hypothesis.
4 0
3 years ago
Entering foreign markets requires firms to ascertain foremost how they will attain
coldgirl [10]

The answer is market share. Entering foreign markets will require a certain company or firm to attain their market share because compared to local markets, foreign markets are different and requires strategies and planning—in which, they should do what it takes to attain their market share that is a portion of their market controlled by them.

6 0
3 years ago
Question 18 :Project managers must balance three elements that compose the project triangle. You are a project manager who is ha
denpristay [2]

Answer: The project scope will increase

Explanation:

From the question, we are informed that there is a project manager who is halfway through a project and then his customer contacts him to say that he has been authorized to provide additional funds for the project.

This will most likely increase the project scope. The project scope simply means the work that is needed to be done in order for a particular project to be accomplished. Due to the increase in funds, it means that more work will be expected.

4 0
3 years ago
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