Economic growth in any country in the world corresponds to a rise in demand for...

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Accounting

Economic growth in any country in the world corresponds to a rise in demand for various services and goods. One of the services that has recently increased demand in the Qatari market is accounting services.
Accounting firms provide the following services:
1. Auditing
2. Operational Bookkeeping and Payroll
3. Business Development and Valuation
4. Tax Planning and Preparation
The size of the accounting market in Qatar in 2020 was half a billion Qatari riyals. The market is dominated by four large global companies, with a combined share of 80% of the market. The companies are Deloitte, KPMG, PwC, and Ernest Young. The remaining 20% is for Qatari companies, which are of two types: commercial companies and companies owned by certified Qatari accountants. Commercial companies have a market share of 15% and the remaining 5% for companies owned by Qatari accountants. Commercial companies are companies owned by Qataris who are not specialized in accounting and with partners with whom they have knowledge of accounting.
1. If I know that Deloitte's sales of accounting services were QAR 100 million in 2020, what is the company's share in the Qatari market?
2. Deloitte has an estimated 10% share of the $1.5 billion U.S. market, compared to the first question: Is the company's performance in the Qatari market better or in the U.S. market?
3. Tax planning and preparation is a new service, and it was provided by only major companies in the Qatari market.
Major companies achieved the following sales by introducing this new service in 2020:
Deloitte QAR 20M
PwC 30M
Ernest In Young and KPMG each achieved 15 million
During the last year 2020, Qatar Integration Company entered this market and achieved sales estimated at 10 million Qatari Riyals.
a. What is the share of Takamul Company in the tax services market?
b. What are the shares of the rest of the companies? How do you evaluate the performance of Takamul Company?

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