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What is market share?
Market share is defined as the percentage of total sales in a market that can be attributed to a given company.
Market share is defined as the percentage of total sales in a market that can be attributed to a given company.
See lessWhat is Business Analytics?
Business analytics is a process for making informed business decisions based on an analysis of data using statistical and analytical techniques.
Business analytics is a process for making informed business decisions based on an analysis of data using statistical and analytical techniques.
See lessWhat does CAC stand for?
This stands for Customer Acquisition Cost, which refers to the cost of winning one new customer. It is normally measured as the total marketing and sales expenditure one spends to win one customer.
This stands for Customer Acquisition Cost, which refers to the cost of winning one new customer. It is normally measured as the total marketing and sales expenditure one spends to win one customer.
See lessWhat is a business incubator?
This is an organization designed to support startups by providing them with the necessary resources, mentorship, and a place for working.
This is an organization designed to support startups by providing them with the necessary resources, mentorship, and a place for working.
See lessWhat is economies of scale?
Economies of scale occur when increasing production lowers the cost per unit by having fixed costs spread over more units.
Economies of scale occur when increasing production lowers the cost per unit by having fixed costs spread over more units.
See lessWhat is an exit strategy?
A plan showing how an investor or a business owner is going to sell their stake in a business and realize their investment.
A plan showing how an investor or a business owner is going to sell their stake in a business and realize their investment.
See lessWhat does B2B stand for?
B2B stands for Business-to-Business, and it refers to transactions between businesses rather than between a business and individual consumers.
B2B stands for Business-to-Business, and it refers to transactions between businesses rather than between a business and individual consumers.
See lessWhat is the meaning of diversification in business?
Diversification refers to entry into new markets or development of new products to spread risk.
Diversification refers to entry into new markets or development of new products to spread risk.
See lessWhat is merger?
Merger is an amalgamation of two companies into a single entity.
Merger is an amalgamation of two companies into a single entity.
See lessWhat is lean manufacturing?
Lean manufacturing is a production methodology oriented to minimize waste and maximize efficiency.
Lean manufacturing is a production methodology oriented to minimize waste and maximize efficiency.
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