A Market Share Objective

question 96

Multiple Choice

A market share objective

• A) is not recommended when sales for the total industry are declining.
• B) is not especially useful when sales for the total industry are increasing.
• C) is not especially useful when sales for the total industry are flat.
• D) is useful primarily in an industry where total sales are increasing.
• E) can be used effectively whether total industry sales are rising or falling.

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Definitions:

Civil Law

A legal system based on written codes or statutes, in contrast to common law, which is based on judicial decisions and precedents.

Criminal Law

The body of law that relates to crime and prescribes conduct perceived as threatening, harmful, or otherwise endangering to property, health, safety, and moral welfare of people.

Preponderance Of Evidence

A standard of proof in civil cases, requiring that a party's evidence be more convincing than the opponent's evidence to win the case.

Civil Law

A legal system originating in Europe, characterized by its codification of laws, that is distinguished from common law and covers areas such as contracts, family matters, and property.