The step by step approach is by referring to the ratios given.
Travelco/Nice = 0.6
Nice/Travelco = 1.7
Super/Nice = 0.3
Flamingo/Nice = 0.4
Cool/Nice = 0.2
Then, from the x axis, we know Nice + Super + Travelco + Flamingo + Cool = 150.
Just by doing math manipulations, we can obtain Nice = 60; then Travelco is 0.6 X Nice, which is 36. Finally, Travelco market share = 36/150 = 24%.
Btw, may I know where I can get the this full case? I looks interesting. :)
The step by step approach is by referring to the ratios given.
Travelco/Nice = 0.6
Nice/Travelco = 1.7
Super/Nice = 0.3
Flamingo/Nice = 0.4
Cool/Nice = 0.2
Then, from the x axis, we know Nice + Super + Travelco + Flamingo + Cool = 150.
Just by doing math manipulations, we can obtain Nice = 60; then Travelco is 0.6 X Nice, which is 36. Finally, Travelco market share = 36/150 = 24%.
Btw, may I know where I can get the this full case? I looks interesting. :)