Friday, September 13, 2019
Market Share and Business Revenues Essay Example | Topics and Well Written Essays - 1000 words
Market Share and Business Revenues - Essay Example The essay "Market Share and Business Revenues" talks about market share and business revenues that are stable based on the diverse successions in the industry. It will be an advantage to the company if they charge a greater cost to their products or by putting in mind that having a bigger market share will yield more company gains.The position of market shares shows companies gain during two different stages in the macroeconomic environment. The outcomes point to that the common of the relationship between MS and BP is established, but the set of major tactical factors are the cause of the differences between MS and BP. Companies benefit from the vast market share that able them to illustrate their product in order to catch the attention and loyalty of their consumers. Large market share is anticipated to give favorable great profit, through providing the companies some shares according to the differentiation of their product, this will allow these companies to join the oligopolistic organization that is strong enough to have a significant impact to some dual limitation of production, by growing the companyââ¬â¢s negotiation control in this oligopoly. However, the companyââ¬â¢s profit depends on the effectiveness and efficient implementation of strategic operations management in such a way that the customers will be able to pay off the production exceeds thus maximizing the production system of the organization. These operations approach likewise provides opportunities for enhancing product value.
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