Business, Legal & Accounting Glossary
The relative ranking of a brand, product, or company, as reflected by sales and customer recognition.
The company was in the top market position before the CEO decided to change the company’s main product, and since then they have been losing customer steadily.
The amount of the year-end bonus is tied to the company’s market position, so everyone is motivated to make sure the products sell.
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This glossary post was last updated: 15th February, 2020 | 0 Views.