Explain one factor that could lead to a business experiencing declining market share in a growing market.
Question
Explain one factor that could lead to a business experiencing declining market share in a growing market.
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Solution 1
One factor that could lead to a business experiencing declining market share in a growing market is increased competition. Here's a step-by-step explanation:
- Market Growth: A growing market attracts new entrants. This is because the potential for high returns and profits is usually higher in gro Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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