Analysis of market share is a key to understanding which of the following about the firm?
A) its promotion strategy
B) its competitive environment
C) its social and cultural environment
D) its demographic strengths

Question

Quizplus · Accepted Answer

Analysis of market share allows for an understanding of the firm's competitive environment, including identifying competitors, tracking industry trends, and understanding customer preferences. It does not necessarily provide information on the firm's promotion strategy, social and cultural environment, or demographic strengths.

Analysis of Market Share Is a Key to Understanding Which