True, corporate competition is only a conflict between rivals who are each vying for a larger portion of the market share, according to Harvard Business School professor Michael Porter.
The percentage of a company's industry's total sales that it generates is market share known as market share. By dividing the company's total sales for the time period by the industry's total sales for the same time corporate period, market share is determined. This indicator is intended to provide a broad understanding of a company's size in relation to its market and competitors. The business having the biggest market share is the market share leader in a given sector.
The portion of a company's total sales that is allocated to the market or corporate sector in which it competes. Choose the time period you want to study before calculating a company's market share. It could be a fiscal quarter, an entire year, or several years.
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