Actual market share is when the amount of business a firm expects to receive is in relative proportion to its direct competitors in the same product class.

Name: Actual market share is when the amount of business a firm expects to receive is in relative proportion to its direct competitors in the same product class.
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Quizplus · Accepted Answer

Actual market share refers to the actual portion of sales a company has achieved in relation to its competitors in the market, not the amount it expects to receive.

Actual Market Share Is When the Amount of Business a Firm