answersLogoWhite

0

AnswerRelative market share is comparing market share of a company with that of its next biggest competitor.

Having a relative Market share of >1 means you are the market leader that outperforms the next biggest by this factor. A relative market share <1 shows how far away you are from being the market leader.

So in other words, the relative market share enables a firm to know the dominant strategy to adapt when competing with its number one competitor in the same industry in terms of product pricing and profit making.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

If Dell computers was seen as having a 120 percent market share and a close competitor has 90 percent market share the market share analysis would express as?

Relative


How do you calculate relative market share?

Take a look at this page: http://www.ehow.com/how_2081809_calculate-market-shares.html


Explain why a monopolist must lower its quantity relative to a competitive market to maximize its profits?

A monopolist must lower its quantity relative to a competitive market to maximize its profits because the monopolist already controls and owns the largest share of the market.


What does fair market share mean?

Fair market share refers to the proportion of total sales or market presence that a company or product holds within a specific market, relative to its competitors. It reflects the idea that a business should capture a share of the market that is commensurate with its resources, efforts, and competitive advantages. Achieving fair market share is important for ensuring sustainable growth and profitability while maintaining healthy competition in the marketplace.


What concepts or assumptions underlie the BCG growth-share matrix?

n Relative market share determines the level of opportunity for investment. n Market growth shares determines the rate at which a business unit generates cash


What concepts or assumptions underlie the BCG growth share matrix?

n Relative market share determines the level of opportunity for investment. n Market growth shares determines the rate at which a business unit generates cash


Do charities get a market share?

Charities do not operate in the traditional sense of market share, as they are not profit-driven entities competing for consumers in a marketplace. However, they can have a share of the philanthropic sector, which reflects their ability to attract donations and funding relative to other organizations. This &quot;market share&quot; can be influenced by factors such as public awareness, effectiveness, and donor trust. Ultimately, while charities can be compared in terms of their funding and impact, they do not compete for market share in the same way businesses do.


How are the market cap determined?

Market capitalization, or market cap, is determined by multiplying a company's current share price by its total number of outstanding shares. For example, if a company has 1 million shares outstanding and each share is priced at $50, the market cap would be $50 million. This metric is commonly used to assess a company's size and relative value in the stock market. Changes in share price and the number of outstanding shares can affect the market cap over time.


What is Gucci's market share?

market share? for what? he hasn't done anything yet to prove he deserves market share


How do you calculate Equity Yield Rate?

The Equity Yield Rate, often referred to as the dividend yield, is calculated by dividing the annual dividends per share by the current market price per share. The formula is: [ \text{Equity Yield Rate} = \frac{\text{Annual Dividends per Share}}{\text{Current Market Price per Share}} \times 100 ] This percentage expresses the return on investment from dividends relative to the market price of the equity.


What is the bcg matrix of nokia?

The BCG matrix for the Nokia Corporation has been illustrated in a 4 by 4 grid that compares relative market shares to the market growth rate. The goal of Nokia is to move the company into the Star matrix, giving it a large share in the market.


Which is the most moving share in commodity market?

Equity share is the most moving share in commodity market.