Post Utme Aaua 2020 Commerce Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Aaua Commerce examination.

Post Utme Aaua 2020 Commerce Objective / Multiple Choice

Question 30 POST_UTME_AAUA • 2020 • COMMERCE • objective

A company is considering the introduction of a new product. The product has a high demand, but the production costs are also high. Which of the following is a correct marketing strategy for this product?

A. The company should focus on reducing production costs to increase profit margins.

B. The company should focus on increasing the product's quality to increase customer satisfaction.

C. The company should focus on increasing the product's price to increase revenue.

Correct Answer D. The company should focus on increasing the product's advertising to increase demand.

Correct Answer

Correct Option:

The company should focus on increasing the product's advertising to increase demand.

This is Post Utme Aaua 2020 Commerce Question 30. It is one of the objective questions from the 2020 Post Utme Aaua Commerce examination.

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