Market share of brands A, B & C are 50%, 30% & 20% customers shift their brands in matrix as below. [4] From To A B C A 50% 30% 20% B 20% 70% 10% C 20% 20% 60% Find: i) Transition matrix for brands. II) Find share at the end of period I & 2.

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.2.3MBA
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Market share of brands A, B & C are 50%, 30% & 20% customers shift
their brands in matrix as below.
[4]
From
To
A
B
C
A
50%
30%
20%
B
20%
70%
10%
C
20%
20%
60%
Find:
i)
Transition matrix for brands.
II) Find share at the end of period I & 2.
Transcribed Image Text:Market share of brands A, B & C are 50%, 30% & 20% customers shift their brands in matrix as below. [4] From To A B C A 50% 30% 20% B 20% 70% 10% C 20% 20% 60% Find: i) Transition matrix for brands. II) Find share at the end of period I & 2.
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