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Sagot :
Market share is simply the percentage of the total revenue or sales in a market which a particular business makes.
What is a market share?
Your information is incomplete. Therefore, an overview of the market share will be given. Market share is a measure of consumers' or businesses' preference for a product over other similar products.
A higher market share means greater sales and less effort is needed to sell more and a strong barrier to entry for other competitors.
For example, if there are 50,000 units sold per year in an industry, a company that has sales of 5,000 of those units would then have a 10 percent share in that market.
Learn more about market share on:
https://brainly.com/question/25309906
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