Business Studies, asked by fahimshariar5916, 4 months ago

how does concentration ratio help an organization to find out the position of an organization in the market

Answers

Answered by muhammadshafiq9764

Answer:

The concentration ratio compares the size of firms in relation to their industry as a whole. Low concentration ratio indicates greater competition in an industry, compared to one with a ratio nearing 100%, which would be a monopoly

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