Mars is an 18-billion dollar privately owned business; Hershey is only a 9 billion dollar publicly owned business. How could Hershey sell more candy and chocolate than Mars and still be the smaller of the two companies? Discuss and write your answers

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Brandonbdogg2517id Brandonbdogg2517id

Business

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Mars is an 18-billion dollar privately owned business; Hershey is only a 9 billion dollar publicly owned business. How could Hershey sell more candy and chocolate than Mars and still be the smaller of the two companies? Discuss and write your answers

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Jayilych4realid Jayilych4realid · Answer 1

The best explanation of the reason why a smaller company would sell more candy is:

They have a larger customer base and they are the smaller company because the company is owned by many people.

What is a Public Company?

This refers to a type of company which has shareholders in the company and are included in the decision making of the company.

With this in mind, we can see that in a private company, there is a sole owner who provides most of the funding and does not have a large shareholders which he would have to give out cuts from profits which makes him remain the bigger company.

Read more about public company here:
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