Business-to-business sales are a huge fraction of the economy of every country. As a result, there is
Question:
Business-to-business sales are a huge fraction of the economy of every country. As a result, there is a whole industry dedicated to tracking the market share of business products and services. Companies are interested in these market shares to track competitors and to decide which products are popular (and adopt them). Computer Profile surveyed 3500 Dutch companies to see what vendor they were using for video conferencing (www.computerprofile .com/analytics-papers/cisco-leader-voip solutions-dutchbusiness- market/). Results showed market shares for Polycom = 31%, Cisco = 33%, Lifesize = 11%, and Siemens = 3%, with others making up the remainder. Create an appropriate graphical display of this information and write a sentence or two that might appear in a newspaper article about the market share.
Step by Step Answer:
Business Statistics
ISBN: 9780134705217
4th Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman