vcaa sample exam

[Slumdawg]

I remember last year my teacher drummed into us that you NEED to refer to market share as a "percentage" otherwise you could get zero for your definition. She's been an assessor for like 14 years, and is the author of a couple of the textbooks, so she's definitely legit haha. So don't forget it guys! Good luck for friday everyone. I'm sure you'll all ace it.

[luken93]

Market Share is defined as the percentage of sales one firm has compared with the industry.
And I can't agree more with shilayli, I also have this teacher haha

[_avO]

Whos the teacher? :L

[sajib_mostofa]

Market Share is defined as the percentage of sales one firm has compared with the industry.
And I can't agree more with shilayli, I also have this teacher haha

Market share isn't just only about sales it it?

[jayna]

I was under the impression it was about customers. no customers / Total as a %

[Slumdawg]

Whos the teacher? :L

A+ notes and A+ practice exams author... She's the best teacher EVER!

[_avO]

I was under the impression it was about customers. no customers / Total as a %

Its actually sales/total sales revenue (in the industry). So it means how much of the sales the business received as compared to the whole industry. (i.e. In 2005 Maccas has 7.7% of the food industry which earns 331b a year, meaning that Maccas will have earned 25b in sales)

[luken93]

I was under the impression it was about customers. no customers / Total as a %

Its actually sales/total sales revenue (in the industry). So it means how much of the sales the business received as compared to the whole industry. (i.e. In 2005 Maccas has 7.7% of the food industry which earns 331b a year, meaning that Maccas will have earned 25b in sales)

Yep that's right

Whos the teacher? :L

A+ notes and A+ practice exams author... She's the best teacher EVER!

Hmmm haha

[Slumdawg]

I was under the impression it was about customers. no customers / Total as a %

Its actually sales/total sales revenue (in the industry). So it means how much of the sales the business received as compared to the whole industry. (i.e. In 2005 Maccas has 7.7% of the food industry which earns 331b a year, meaning that Maccas will have earned 25b in sales)

Yep that's right

Whos the teacher? :L

A+ notes and A+ practice exams author... She's the best teacher EVER!

Hmmm haha

Haha I think she's the best The only downside to her is that she doesn't mark things quickly... I think she just doesn't like roseys. Maybe that's why she's been a bit less nice to you or something? haha.

[luken93]

Bahaha it's gotta be something, maybe hair/eye colour?

[gold104]

padua representzz

[luken93]

padua representzz

how'd you know?

[Slumdawg]

padua representzz

Hahhaa. Tad creepy. Then again it does say in the book that she teaches at padua...

Could be another "paduan" amongst us haha.

[luken93]

padua representzz

Hahhaa. Tad creepy. Then again it does say in the book that she teaches at padua...

Could be another "paduan" amongst us haha.

nah it's not haha

[Slumdawg]

padua representzz

Hahhaa. Tad creepy. Then again it does say in the book that she teaches at padua...

Could be another "paduan" amongst us haha.

nah it's not haha

It's in my copy - orange version from the old study design haha.

haha. Now I wanna know whether or not they actually go to padua haha.