Shaka’s Sandwiches operates on a busy street downtown, and only serves lunch, and only Monday through Friday. Within its narrowly defined market, Shaka’s Sandwiches believes that it gets 43.5% of
Shaka’s Sandwiches operates on a busy street downtown, and only serves lunch, and only Monday through Friday. Within its narrowly defined market, Shaka’s Sandwiches believes that it gets 43.5% of its customers’ workday lunch business. Its customers are a big lunch-eating crown with a usage index of about 159.4%. Unfortunately, only a small slice of the street’s lunchtime customers visit Shaka’s Sandwiches–the shop’s penetration share is only 11.5%. Calculate market share for Shaka’s Sandwiches. Report your answer as a percent. Round to the nearest tenth of a percent. Report 25.5%, for example, as “25.5”.