Step-by-Step Lesson

Learn: Market Size vs Market Share

Edexcel Level 3 Advanced GCE in Business (9BS0)

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Steps in this lesson (11)

1
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Match the items on the left with their correct pairs on the right

2
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Match the items on the left with their correct pairs on the right

3
Multiple ChoiceInteractive

What does market size represent?

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4
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Match the items on the left with their correct pairs on the right

5
MatchingInteractive

Match the items on the left with their correct pairs on the right

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6
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Match the items on the left with their correct pairs on the right

7
Math EquationInteractive

A company's sales revenue is £4 million in a market worth £20 million annually. What is its market share percentage?

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8
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Match the items on the left with their correct pairs on the right

9
Fill in the BlankInteractive

Market share is the {{blank0}} of total sales in a market that a business controls. Market size is the total {{blank1}} or volume of sales in a market.

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10
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Match the items on the left with their correct pairs on the right

11
Multi-SelectInteractive

Which of the following statements about market size and market share are true? (Select all that apply)

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