Examlex
Which of the following are basic components of an enterprise-class database system?
Herfindahl-Hirschman Index
A measure used to assess the market concentration and competition level within an industry, calculated by squaring the market share of each firm competing in the market and then summing the resulting numbers.
Market Share
The portion of a market controlled by a particular company or product, indicative of competitiveness.
Herfindahl Index
Measures the concentration of market power within an industry, calculated by summing the squares of the market share percentages held by the various firms within the market.
Herfindahl-Hirschman Index
The Herfindahl-Hirschman Index (HHI) is a measure of market concentration used to determine the level of competition within an industry, calculated by squaring the market share of each firm competing in the market and summing the resulting numbers.
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