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Market Growth | A-Level, IB & BTEC Business

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tutor2u

tutor2u

Күн бұрын

Market growth measures the percentage change in the size of a market between one period and another. This video explains the calculations.
#alevelbusiness #businessrevision #aqabusiness #edexcelbusiness #businessalevel
VIDEO CHAPTERS
0:00 Introduction
0:11 Marketing Maths!
0:41 What is Market Growth?
1:19 Market Growth Example: Smartphones
2:30 Market Growth Example: Global PC Sales
3:30 Calculating the Market Growth Percentage
4:08 Example Using Global Smartphone sales data
4:52 Example Using Global PC Data
5:27 Examples of Calculating Market Growth: How Market Growth Changes
6:42 Calculating Market Growth Using Index Numbers
6:57 Example Using Index Numbers
7:34 Index Number Solution

Пікірлер: 13
@tutor2u-official
@tutor2u-official 4 жыл бұрын
Find some fantastic Business study resources from the tutor2u website www.tutor2u.net/business/collections
@Scorpionwins23
@Scorpionwins23 4 жыл бұрын
Brilliant, I love it when Jim has covered a topic that I am studying. Thanks for making this!
@tutor2u-official
@tutor2u-official 4 жыл бұрын
Have a look at our Student Workbooks for GCSE and A-Level Business www.tutor2u.net/business/store/selections/student-workbooks-for-gcse-and-alevel-business
@syedmuqtadeer7193
@syedmuqtadeer7193 7 жыл бұрын
Sir, Really awesome tutor its helping in my current job.
@denuwan7688
@denuwan7688 3 жыл бұрын
Legend!!!!!
@nextgroup8262
@nextgroup8262 3 жыл бұрын
Thank you
@tutor2u-official
@tutor2u-official 3 жыл бұрын
You're welcome
@kgm6546
@kgm6546 6 жыл бұрын
Super
@kingovto5221
@kingovto5221 5 жыл бұрын
Is this the same formula for the bcg matrix, market growth rate
@willjfit9345
@willjfit9345 5 жыл бұрын
why do you takeaway 1 in the market growth formula?
@calm7932
@calm7932 5 жыл бұрын
In the book they provide a different formula so I’m not too certain on this formula. I double checked with my business teacher who told me that this video provides an incorrect formula. FORMULA : new market size - old market size ------------------- X 100 old market size
@calm7932
@calm7932 5 жыл бұрын
however, they both provide the same answer but the one in the video is more difficult to remember but each to their own!
@couldntthinkofausername2602
@couldntthinkofausername2602 3 ай бұрын
@@calm7932 Look it's the same thing because you can separate the formula faction into new/old - old/old x 100 And obviously old/old would be one and hence new/old - 1 x 100
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