Business Formula - Marketing Flashcards

1
Q

Expected value

A

Probability x Outcome

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1
Q

Market Capitalisation

A

Current share price x no. shares sold

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2
Q

Net gain

A

Expected value - Cost of decision

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3
Q

Market growth

A

(New - old market size) / original market size x 100

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4
Q

Sales growth

A

(New - old sales) / Old sales x 100

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5
Q

Market share

A

Sale of one product / total sales in market x100

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6
Q

PED

A

% change in quantity demand / % change in price

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7
Q

YED

A

% change in quantity demand / % change in income

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