What is Market Share?

What is Market Share?

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video tutorial explains the concept of market share, which is a company's percentage of total sales in its industry. It details how to calculate market share by dividing company sales by industry sales. The tutorial also discusses the implications of having a high market share, including the risk of becoming a monopoly, which could attract regulatory actions. Overall, market share is seen as a positive indicator of a company's success and growth potential.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What might happen if a company becomes a monopoly?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How should a company's market share behave if it is doing well?

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