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According to Tutorial Video 1: Overview of MikesBikes, what is the main goal in MikesBikes?

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Final answer:

The main goal in MikesBikes is to run a successful bicycle manufacturing and retail company by making strategic decisions regarding pricing, production, marketing, and finance.

Step-by-step explanation:

In MikesBikes, the main goal is to run a successful bicycle manufacturing and retail company. The objective is to make strategic decisions regarding pricing, production, marketing, and finance to maximize the company's profitability and market share.

For example, you may set competitive prices, invest in research and development to create innovative bicycles, build a strong brand through advertising, and optimize your manufacturing process to reduce costs.

By analyzing financial reports and market trends, you can make informed decisions to achieve your goals and outperform your competitors in the simulated business environment of MikesBikes.

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