Post Utme Al Hikmah University 2020 Commerce Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2020 Commerce Objective / Multiple Choice
Question 3 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering expanding its operations to a new market. The company has conducted market research and determined that the new market has a high demand for its product. However, the company is concerned about the potential risks associated with entering a new market. What is the primary risk that the company should consider when deciding whether to expand into the new market?

Answer Options

A. Competition from existing firms
B. Cultural differences between the new market and the company's existing market
Correct Answer C. Economic instability in the new market
D. Regulatory differences between the new market and the company's existing market
Correct Answer
C
Correct Option:
Economic instability in the new market

About This Question

This is Post Utme Al Hikmah University 2020 Commerce Question 3. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Commerce examination.

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