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A clothing company made $800 million worth of revenue on backpacks this year. The total market for backpacks is $16 billion. What is the company's market share? A. 1.8% C. 5.0% B. 13.0 D. 95.0%

A clothing company made $800 million worth of revenue on backpacks this year. The total market for backpacks is $16 billion. What is the company's market share? A. 1.8% C. 5.0% B. 13.0 D. 95.0%

Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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What is the company's market share?

A clothing company made $800 million worth of revenue on backpacks this year. The total market for backpacks is $16 billion. What is the company's market share? A. 1.8% C. 5.0% B. 13.0 D., 95.0%
Transcribed Image Text:A clothing company made $800 million worth of revenue on backpacks this year. The total market for backpacks is $16 billion. What is the company's market share? A. 1.8% C. 5.0% B. 13.0 D., 95.0%
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