A competitor's share of industry sales is known as the firm's ________.

Question

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Share of market refers to the percentage of total industry sales that a particular company or brand has. It indicates the level of competition in the market and helps companies understand their position relative to other players in the industry. Share of mind and share of heart are terms used to describe a company's brand awareness and customer loyalty, respectively, while share of competitive space and share of psychological field are not commonly used industry terms.

A Competitor's Share of Industry Sales Is Known as the Firm's