What does "market share" mean? - SchoolNGR

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What does "market share" mean?

What does "market share" mean?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A The total sales of a company
B The portion of a market controlled by a particular company
C The number of products a company produces
D The amount of profit a company makes
E The size of a company's workforce

Correct Answer: Option B

Explanation:
Market share refers to the portion of a market controlled by a particular company.

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