Question: SPS Ltd operates in the high-technology energy solutions sector.The PV Division designs, manufactures and installs solar panel systems.These systems are sold as either: small, medium

SPS Ltdoperates in the high-technology energy solutions sector.The PV Division designs, manufactures and installs solar panel systems.These systems are sold as either: small, medium or large systems.Small systems have a peak power generating capacity up to 100 kW (100,000 W); medium systems up to 1 MW (1,000,000 W); and large systems above 1 MW.The following information relates to the planning and actual data for 2020.

The market share variance indicates that:

Group of answer choices

The PV market grew in 2020.

The PV Division has experienced a decrease in market share from last year.

The PV Division's flexed market share is less than the planned market share.

The PV Division captured less of the market than planned.

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