Question

______ is a meaningful mark for measuring market success or position of the firm in relation to those of the competitors.

Options

• Target Rate of Return

• Profit Maximisation

• Market Share

• Price Stability

Answer 1

Market Share is a meaningful mark for measuring market success or position of the firm in relation to those of the competitors.

Explanation:

Market share is a key indicator of a company's success in its industry. It represents the percentage of total sales in a market that is attributed to a particular company. By comparing market share, businesses can assess their competitive position, track growth, and understand their relative performance against competitors.