Ask Question
31 January, 18:08

Miranda is an executive for a company that manufactures dental tools. Her company prefers to measure progress by what percentage of the total business in the marketplace it controls. What is her company most interested in

+2
Answers (1)
  1. 31 January, 20:38
    0
    Answer: Market Share

    Explanation:

    Market Share is the the percentage of the total market that a business or a product controls.

    For a company, it is the ratio of the company's total sales to the total sales of the industry it operates in. For example, if Miranda's company made a total sales of $10 million and the dental tool market is worth $100 million, Miranda's company controls 10% of the market and has 10% market share.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Miranda is an executive for a company that manufactures dental tools. Her company prefers to measure progress by what percentage of the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers