Customer share is sometimes referred to as _____.
A) share of wallet
B) share of stock
C) an overhead cost
D) a variable cost

Question

Quizplus · Accepted Answer

Customer share refers to the portion of a customer's spending that a particular company captures, which is also known as "share of wallet." It is important for companies to increase their share of their customers' spending to boost their revenue and profitability. "Share of stock" refers to the portion of a company that is owned by investors. "Overhead cost" and "variable cost" refer to types of expenses incurred by a company, and are not related to customer share.

Customer Share Is Sometimes Referred to as _____