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

Social Studies

Jameson Bender

3 October, 00:38

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

+2

Answers (1)

Know the Answer?

Charlize Rodriguez · Answer 1

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.