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select all that apply. two wheel bicycle company increased its market s…

Question

select all that apply.
two wheel bicycle company increased its market share from 10 percent to 25 percent during one year. select statements that could be true as a result of this increase.
□ two wheel bicycle increases its advertising budget.
□ employees get a raise.
□ the owner opens another two wheel bicycle store.
□ two wheel bicycle manufactures more bicycles.

Explanation:

Brief Explanations
  • Two Wheel Bicycle increases its advertising budget: A higher market share could mean the company has more revenue to invest in advertising to further grow or maintain, so this could be true.
  • Employees get a raise: Increased market share often leads to higher profits, allowing the company to reward employees with raises, so this could be true.
  • The owner opens another Two Wheel Bicycle store: With increased market share and likely higher profits, the owner may expand by opening a new store, so this could be true.
  • Two Wheel Bicycle manufactures more bicycles: To meet increased demand from a higher market share, the company would likely manufacture more bicycles, so this could be true.

Answer:

  • Two Wheel Bicycle increases its advertising budget.
  • Employees get a raise.
  • The owner opens another Two Wheel Bicycle store.
  • Two Wheel Bicycle manufactures more bicycles.