1 Maximisation of market share
2 Improving brand awareness
3 Sales revenue growth
4 Achieving a target level of customer satisfaction
5 Achieving a target level of ROCE
a. 3 and 5 only
b. 1, 2, 3 and 4 only
c. 1 and 4 only
d. 2, 3 and 5 only
Answers
Answer:
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Explanation:
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Answer:
The correct answer is option a- 3 and 5 only
Explanation:
Companies with high market share often get hold of better charges from providers, as their large order volumes increase their buying energy.
increased market proportion and more production pass hand-in-hand, with the latter imparting a business enterprise with the possibility to decrease the value to produce an person unit because of economies of scale.
Higher marketplace share can help enhance income when current, brand-dependable customers buy more of a organisation’s merchandise.
market share may widen a enterprise’s normal customer base as potential new customers follow the lead of present ones.
Gaining market percentage can toughen and highlight a agency’s recognition. similarly to boosting income and increasing bargaining power, which could entice new, extra gifted personnel.
The significance of market share lies no longer virtually in preserving your employer’s modern-day proportion of the market. in the end, because the industry grows, a agency’s market percentage must develop as well to stay aggressive and profitable. growing marketplace proportion is vital and involves gaining a bigger share than you have already. that would suggest that your growth is extra than average and also you’re outperforming your competition.
Maximisation of market share
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The principle which means maximization of market price of equity shares. Answer in a word / phrase / term.
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