The percentage of a market which actually buys a specific product from a specific company is referred to as that product's
A) strategic segment
B) target market
C) market share
D) market cut
E) market position

Question

Quizplus · Accepted Answer

Market share refers to the percentage of a market that a specific company actually sells to. It is a measure of a company's competitiveness and success within the market. The other options are not specific measures of a product's sales within a market.

The Percentage of a Market Which Actually Buys a Specific