Quiz: Market Size, Market Share and Market Growth
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about markets, let's test your knowledge of market size, market share, and market growth!
What does market size refer to?
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Which factors can influence market growth? (Select all that apply)
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Market share is the percentage of total {{blank0}} in a market captured by a company.
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Match the items on the left with their correct pairs on the right
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A market generates £500,000 in total sales. If Company A has 25% market share, what are their sales?
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Which term describes the increase in market size over time?
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Which of the following are ways to measure market size? (Select all that apply)
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Market growth often reflects an increase in sales due to {{blank0}} demand.
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Match the items on the left with their correct pairs on the right
If a market grows from £1,000,000 to £1,200,000 in one year, what is the percentage growth?
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