Fifty percent of the market is in the hands of Company A.Another 30 percent is in the hands of Company B.Fifteen percent is in the hands of Company C,and the remaining five percent is in the hands of Company D.Based on these hypothetical numbers,Company B is the market .
A)follower
B)challenger
C)leader
D)strategist
E)nicher

Question

Quizplus · Accepted Answer

Company B, with 30% of the market, is the market challenger as it holds the second-largest market share after Company A, which is the leader with 50%.

Fifty Percent of the Market Is in the Hands of Company