By the late 1980s, Chemlawn held about 30% of the lawn-care market.

By the late 1980s, Chemlawn held about 30% of the lawn-care market.

• A. True
• B. False
• C. Not sure
• D. Some

Answer: (A)

Market share shows how big a company is within an industry, measured as that company’s sales or contracts divided by total market sales. If Chemlawn held about 30% by the late 1980s, that means roughly one in three dollars of lawn-care spending went to Chemlawn, giving it a clear leadership position without claiming an outright majority. In a market that was still fragmented with many regional players, capturing around a third typically came from an expansive network of service centers or franchises, strong brand presence, and steady recurring revenue from maintenance contracts. This level of dominance fits what the question is asking you to recognize, so the statement aligns with the historical position Chemlawn held at that time. Other options would undermine the idea of Chemlawn’s strong presence during that era and aren’t supported by how market leadership is defined.

Market share shows how big a company is within an industry, measured as that company’s sales or contracts divided by total market sales. If Chemlawn held about 30% by the late 1980s, that means roughly one in three dollars of lawn-care spending went to Chemlawn, giving it a clear leadership position without claiming an outright majority. In a market that was still fragmented with many regional players, capturing around a third typically came from an expansive network of service centers or franchises, strong brand presence, and steady recurring revenue from maintenance contracts. This level of dominance fits what the question is asking you to recognize, so the statement aligns with the historical position Chemlawn held at that time. Other options would undermine the idea of Chemlawn’s strong presence during that era and aren’t supported by how market leadership is defined.