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Preferred term

market share  

Definition

  • Market share of a firm's product can be defined as the amount of product that the firm sells into a market expressed as a proportion of the total amount sold in that particular market. It is, as its name suggests, a measure of how much of the market a firm accounts for, given that it shares the market with its competitors. [Source: Encyclopedia of Business in Today's World; Market Share]

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URI

https://concepts.sagepub.com/social-science/concept/market_share

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