Post Utme Achievers University 2020 Commerce Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2020 Commerce Objective / Multiple Choice
Question 2 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering launching a new product in a foreign market. The company has conducted market research and determined that the product will be successful in the foreign market. However, the company is concerned about the potential risks associated with launching a new product in a foreign market. Which of the following strategies would be most effective in mitigating these risks?

Answer Options

A. Conducting thorough market research to identify potential risks and opportunities.
B. Partnering with a local company to co-brand and co-market the product.
C. Establishing a local subsidiary to manage the product launch.
Correct Answer D. Focusing on a small pilot launch to test the market.
Correct Answer
D
Correct Option:
Focusing on a small pilot launch to test the market.

About This Question

This is Post Utme Achievers University 2020 Commerce Question 2. It is one of the objective questions from the 2020 Post Utme Achievers University Commerce examination.

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