Question
Market share and market penetration are two terms for the same concept.
(1 point)
Responses
True
True
False
(1 point)
Responses
True
True
False
Answers
GPT 3.5
False
Market share refers to the percentage or proportion of a market that a company holds, while market penetration refers to the percentage of a target market that has purchased a specific product or service. They are related concepts but not exactly the same.
Market share refers to the percentage or proportion of a market that a company holds, while market penetration refers to the percentage of a target market that has purchased a specific product or service. They are related concepts but not exactly the same.