Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
May 0608:30 AM PDT
-09:30 AM PDT
In Episode 3 of our GMAT Ninja Critical Reasoning series, we tackle Discrepancy, Paradox, and Explain an Oddity questions. You know the feeling: the passage gives you two facts that seem completely contradictory....- May 08
08:00 AM PDT
-08:30 AM PDT
Join the special YouTube live-stream for selecting the winners of GMAT Club MBA Scholarships sponsored by Juno live. Watch who gets these coveted MBA scholarships offered by GMAT Club and Juno.
29 Sep 2020, 10:56
Kudos
Bookmarks
Hi!
Can someone bounce back to me if this is correct or if I am missing any scenario to increase market share in a market that is growing? I am trying to improve my "CR quant questions" skills... ; )
In an increasing market, if market player X increases its market share it must always be true that X grew above the overall market growth rate.
Thanks already!
Can someone bounce back to me if this is correct or if I am missing any scenario to increase market share in a market that is growing? I am trying to improve my "CR quant questions" skills... ; )
In an increasing market, if market player X increases its market share it must always be true that X grew above the overall market growth rate.
Thanks already!
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Verbal Questions Forum
Still interested in this question? Check out the "Best Topics" block below for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
Chethan92
Joined: 18 Jul 2018
Last visit: 21 Apr 2022
Posts: 899
Own Kudos:
Given Kudos: 95
Location: India
Concentration: Operations, General Management
Schools: IIMB EPGP'22 (M)
GMAT 1: 590 Q46 V25
GMAT 2: 690 Q49 V34
WE:Engineering (Energy)
Products:
03 Jan 2021, 22:42
Kudos
Bookmarks
Lionila
The above scenario may not be true all the time. Consider that the player X increased it's market share by 5% and the overall market share may have increased by more than 5% or less than 5% (if other player's market share has decreased). In an increasing market, it is not necessary for all the player's share to increase. Some may increase and some may not.
05 Jan 2021, 03:32
Kudos
Bookmarks
Chethan92
The above scenario may not be true all the time. Consider that the player X increased it's market share by 5% and the overall market share may have increased by more than 5% or less than 5% (if other player's market share has decreased). In an increasing market, it is not necessary for all the player's share to increase. Some may increase and some may not.
Hi!
Thanks for your reply.
I think you are missing a key part of my question:
I an increasing market, if player x increases its market share, must it be true that this one player grew above the growth rate of the total market?
You are answering the question: in an increasing market, must it be true that every player increases its market share?
I agree with you that the answer to your question is no. Not every player must increase its market share in an increasing market but the players that do increase their market share must be growing above the average growth rate of the entire market. At least that is what I have come to believe now.
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Verbal Questions Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
