22
QuizMultiple Choice

Study Guide and Quiz

Question 22 • GA-Introduction to Business and Technology

A company's ____________ is the percentage of the total target market for the product that belongs to the company.

Answer
A
Market saturation
B
Market share
C
Brand image
D
Market information

Explanation

Market share is the portion of a target market that a company captures, usually measured as a percentage of total market sales or customers. Therefore, the percentage of the total target market that belongs to the company is its market share, not market saturation, brand image, or market information.

AI-written and checked against the verified answer.

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