Market share is the ratio of sales revenue of the firm to the total sales revenue of all ________, including the firm itself.

A) firms in the industry
B) firms in the competitive set
C) firms in the WTO
D) product groupings
E) domestic firms in a country

Sales Revenue

The total amount of money generated by the sale of goods or services related to the company's primary operations.

Competitive Set

A group of firms, products, or brands that a company considers its competitors in the market when making strategic decisions.

Product Groupings

The categorization of products based on similarities in their characteristics, function, or target market.