Ben & Jerry's Marketing Dashboard (Dollar Sales and Market Share)Consider

question 225

Multiple Choice

Ben & Jerry's Marketing Dashboard (Dollar Sales and Market Share) Consider the Ben & Jerry's Dollar Sales and Market Share figure here.
- A marketing manager for Ben & Jerry's notices that dollar market share for 2018 was 18.4 percent and for 2019 it was 20.0 percent. What simple formula was used to calculate the dollar market share percentages for each of these two years?

• A) Dollar market share (%) = Ben & Jerry's sales ($)/Total industry sales, including Ben & Jerry's sales ($).
• B) Dollar market share (%) = Total industry sales, including Ben & Jerry's sales ($)/Ben & Jerry's sales ($).
• C) Dollar market share (%) = Total industry sales, including Ben & Jerry's sales ($)/Ben & Jerry's unit sales ($).
• D) Dollar market share (%) = Total industry sales, including Ben & Jerry's sales ($)/Ben & Jerry's net profit ($).
• E) Dollar market share (%) = Ben & Jerry's sales ($)/Gross domestic product ($).

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Definitions:

Means Acceptance

The acceptance of an offer in contract law through the performance of the conditions stated in the offer, thus creating a binding contract.

Mailbox Rule

A legal principle stating that an offer is considered accepted once the acceptance is dispatched (e.g., mailed), not when it is received by the offeror.

Authorized Mode

The officially approved method or manner of conducting actions, operations, or procedures, often specified in legal, regulatory, or organizational guidelines.

Ambiguous Offer

refers to a proposal in contract law that lacks clarity and can be interpreted in more than one way, potentially leading to misunderstandings or disputes.