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4 years ago

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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vodomira [7]

Answer: Expectations of loyalty and integrity

Explanation:

A Code of Ethics is a guide of principles designed to help professionals manage their businesses.

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4 years ago

The consumer surplus from water, which is cheap, is ______ than the consumer surplus from gold, which is expensive. The tota

bonufazy [111]

Answer: The correct answer is "D. greater; less".

Explanation: The consumer surplus from water, which is cheap, is <u>greater </u>than the consumer surplus from gold, which is expensive. The total utility from gold is <u>less</u> than the total utility from water.

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3 years ago

On January 22, Muir Corporation issued for cash 20,000 shares of no-par common stock at $30. On February 14, Muir issued at par

Juli2301 [7.4K]

Answer:

Jan 22

Dr Cash 600,000

Cr Common stock 600,000

Feb 14

Dr Cash 150,000

Cr Preferred stock 150,000

Aug 30

Dr Cash 1,350,000

Cr Preferred stock 1,250,000

Cr Paid in capital excess of par preferred stock 100,000

Explanation:

Muir Corporation Journal entries

Date Accounts Debit Credit

Jan 22

Dr Cash (20,000*30) 600,000

Cr Common stock 600,000

Feb 14

Dr Cash (3000*50) 150,000

Cr Preferred stock 150,000

Aug 30

Dr Cash (25,000*54) 1,350,000

Cr Preferred stock (25,000*50) 1,250,000

Cr Paid in capital excess of par preferred stock 100,000

8 0

3 years ago

Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs

Helen [10]

Answer:

The contribution margin ratio is 35%

Explanation:

The formula for contribution is given below:

Contribution margin = revenue − variable costs.

Contribution margin ratio is given as:

(Sales – variable expenses) ÷ Sales

In this case,contribution is given as 1000*($20-$13), in other words selling price per unit minus variable cost multiplied by number of units sold.

Contribution is $7000

contribution margin ratio =$7000/($20*1000)

=0.35 or 35%

The implies that Hollis Industries makes a contribution of 35% per unit of output sold,hence, the contribution contributes towards covering fixed costs and making profit overall

4 0

3 years ago

A subcontractor is responsible for outfitting six satellites that will be used for solar research. Four of the six have been com

BlackZzzverrR [31]

Answer: ∑Tₓ = 201.222

time required to complete the last two units is 201.222 minutes

Explanation:

Given that,

total time required to four units is 600 hours,

Learning curve applied is 75% and from the learning curve coefficient table, total time factor to complete four units at 75% learning curve is 2.946

∑Tₙ = T₁ × total time factor

{ ∑Tₙ is total time required to complete all the units which is 600 hrs, T₁ is Time for first unit, total time factor = 2.946 }

we substitute

∑T₄ = ∑T₁ × total time factor

600 = ∑T₁ × 2.946

∑T₁ = 600/2.946

∑T₁ = 203.666 minutes

Now to get the total time required to complete 6 units, we say:

∑T₆ = ∑T₁ × total time factor

Note that total time factor at this point changes;

( from the learning curve coefficient table, total time factor to complete 6 units at 75% learning curve is 3.934)

so we substitute

∑T₆ = 203.666 × 3.934

∑T₆ = 801.222

Now to find how long should it take them to finish the last two units, we say

∑Tₓ = ∑T₆ - ∑T₄

∑Tₓ = 801.222 - 600

∑Tₓ = 201.222

Therefore time required to complete the last two units is 201.222 minutes

5 0

3 years ago