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market share

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › market share

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
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    Posts
  • November 11, 2017 at 3:46 pm #415284
    natty2
    Participant
    • Topics: 39
    • Replies: 56
    • ☆☆

    Hi john, good day

    What is the formula for market share variance

    November 12, 2017 at 10:45 am #415373
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    There is no formula!!! If you understand what it means then it is common sense. It is the difference in sales (at standard contribution) resulting from the change in the share of the total market.

    Don’t simply learn formulae for the exam – the examiner deliberately asks questions that test that you understand what is happening rather than have just learned formulae. That is why only 50% of the exam involves calculations – the rest is again testing understanding.

    If a specific question is causing you problems on this, then state which question and I will explain the answer.

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