Market share and market growth

?
Define market share
The proportion of a total market a business has gained
1 of 5
Define market growth
The rate at which the entire market is growing/ shrinking
2 of 5
How do you find the change in market growth figures?
New - Old
3 of 5
How do you work out market growth?
Change in sales value/volume (divided by) orginal
4 of 5
How do you work out market share?
Sales value/ volume of business (divided by) Sales value/ volume of market x 100
5 of 5

Other cards in this set

Card 2

Front

Define market growth

Back

The rate at which the entire market is growing/ shrinking

Card 3

Front

How do you find the change in market growth figures?

Back

Preview of the front of card 3

Card 4

Front

How do you work out market growth?

Back

Preview of the front of card 4

Card 5

Front

How do you work out market share?

Back

Preview of the front of card 5

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Marketing and competitive environments resources »