To determine "market share" requires knowledge of which of the following?
A) What other products are substitutable for the product.
B) Where the product is sold.
C) How much of the product is sold.
D) All of these are part of determining market share.

Question

Quizplus · Accepted Answer

Determining market share involves understanding the total sales of a product in relation to the entire market, which includes knowing substitutable products (to define the market), sales locations (to understand the market's geographical scope), and sales volume (to calculate the product's share of the market).

To Determine "Market Share" Requires Knowledge of Which of the Following