Two Wheel Bicycle Company increased its market share from 10 percent to 25 percent ung one year Set
statements that could be true as a result of this increase
Two Wheel Bicycle manufactures are bicycles
Employees get a rasse
Two Wheel Bicycle increases its advertising budget
The owner opens another Two Wheel Bicycle store

Question

02-12-2019
Social Studies

contestada

Two Wheel Bicycle Company increased its market share from 10 percent to 25 percent ung one year Set
statements that could be true as a result of this increase
Two Wheel Bicycle manufactures are bicycles
Employees get a rasse
Two Wheel Bicycle increases its advertising budget
The owner opens another Two Wheel Bicycle store

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BlueCoral BlueCoral · Answer 1 · 2019-12-09T05:45:59+01:00

Answer:

The correct answer is - The owner opens another Two Wheel Bicycle store.

Explanation:

Companies increase their market share by buying competing business entities, expanding, as well as via innovation and smart hiring practices. Here, the Two Wheel Bicycle Company expands by opening another store.

Market share is the percentage that company controls of the total market share. It is determined by total revenue made by a company, divided by the industry’s total sales in specified time period.