Calculate the Category Development Index of a particular product that sells 5% of its product in a particular market that contains 1% of the country's population.

Name: Calculate the Category Development Index of a particular product that sells 5% of its product in a particular market that contains 1% of the country's population.
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Question

Quizplus · Accepted Answer

The Category Development Index (CDI) is calculated as (Percentage of product sales in the market / Percentage of population in the market) * 100. Here, (5% / 1%) * 100 = 500.

Calculate the Category Development Index of a Particular Product That