the statement just need replied to pls :) Market growth (a measure of a particul
ID: 1183080 • Letter: T
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the statement just need replied to pls :) Market growth (a measure of a particular market's appeal) if it is a productive growth then this organization will have an easy time increasing their profit. However, if the growth is not as productive it is still feciable to obtain a growth in profit and share; just a bit more challenging and will need to strive harder to achieve this. Market share (the percentage of the overall market that your organization is serving, and is usually measured in terms of cash flow or product volume) if the organization has a larger market share then they will have no problem making a profit with what shares they have already. When dealing with the two it is purely up to the organization I believe. If they want a larger profit then they have to be willing to go above and beyond to achieve that.Explanation / Answer
www.businessdictionary.com/definition/market-growth.html this link might help you...........
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