ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The table below shows the annual sales and market share for Flynn’s Florist, as well as the total market sales for the market in which the business operates. Flynn’s Florist Sales (£m) Last year 0.2 This year 0.1 Total market sales (£m) Last year 4 This year 5 Flynn’s Florist market share (%) Last year 5 This year 2. Using the information above, which of the following best describes the trend in market size and share from last year to this year:
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Total market size decreased and Flynn’s market share increased
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Total market size increased and Flynn’s market share decreased
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Total market size decreased and Flynn’s market share decreased
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Total market size increased and Flynn’s market share increased
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Explanation:
There is 1 question to complete.