Market share (or market penetration)is a company's percentage of the total industry sales for a specific product type.

Question

Quizplus · Accepted Answer

Market share or market penetration refers to the portion or percentage of total industry sales that a company generates for a particular product type. It is a measure of a company's competitiveness in the market and its ability to attract and retain customers. Therefore, option A is correct.

Market Share (Or Market Penetration)is a Company's Percentage of the Total