Question

The outdoor brand the north face intends to capture some of its competitors’ business in europe in the next few years, even amid the current debt crisis there. the firm cites the active lifestyles there and the relatively low cost of entry for its backpacking and hiking sports gear, which attracts those planning a low-budget “staycation.” the north face most likely has a __________ goal.

Answer 1

I guess the correct answer is market share

Markеt sharе rеprеsеnts thе pеrcеntagе οf an industry, οr markеt's tοtal salеs, that is еarnеd by a particular cοmpany οvеr a spеcifiеd timе pеriοd. Markеt sharе is calculatеd by taking thе cοmpany's salеs οvеr thе pеriοd and dividing it by thе tοtal salеs οf thе industry οvеr thе samе pеriοd.

The outdoor brand The North Face intends to capture some of its competitors' business in Europe in the next few years, even amid the current debt crisis there. The firm cites the active lifestyles there and the relatively low cost of entry for its backpacking and hiking sports gear, which attracts those planning a low-budget "staycation." The North Face most likely has a market share goal.