1
Q
Market size by value formula
A
Total volume of sales x average market price
2
Q
Market size by value percentage formula
A
(Business sales/%market share) x 100
3
Q
Market share formula
A
Value of firm A’s sales
‐———————————- x 100
Value of total market sales
4
Q
Market growth formula
A
Change in size of market by value
—————————————————– x 100
Original market size by value
Business
flashcards
Decks in class (18)
# Cards
-
Formulas15
-
Key words Business GCSE60
-
Types of business ownership18
-
1.1 key terms22
-
1.2 key terms10
-
1.3 key terms27
-
1.4 Key terms21
-
Motivational Theorists4
-
1.5 key terms3
-
Management and Leadership styles6
-
2.1 formulas9
-
2.1 key terms15
-
2.2 key terms8
-
2.3 key terms13
-
2.4 key terms19
-
2.5 key terms18
-
Key formulas4
-
4.1 - Globalisation17
