What you’ll learn4 learning objectivesChoose one objective for a focused lesson, or study the complete topic.4.1.1Market orientation and product orientation• Distinguish market orientation and product orientation• Market orientation starts with customer needs; product orientation starts with product capabilitiesSyllabus objective4.1.2Market share• Calculate and interpret market share• Market share measures a business's sales as a proportion of total market salesSyllabus objective4.1.3Market growth• Calculate and interpret market growth• Market growth measures change in market size over timeSyllabus objective4.1.4(HL)—Market leadership• Evaluate importance of market share and market leadership• Market leadership can bring brand power, economies of scale, influence, and strategic advantageSyllabus objective