Post Utme Bells University 2021 General Studies Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Bells University General Studies examination.

Post Utme Bells University 2021 General Studies Objective / Multiple Choice
Question 34 POST_UTME_BELLS_UNIVERSITY • 2021 • GENERAL STUDIES • objective

A company is considering two different marketing strategies. Strategy A involves a one-time payment of 10,000 and a 20% chance of returning 50,000. Strategy B involves a monthly payment of 1,000 for 10 months and a 50% chance of returning 20,000. Which strategy should the company choose?

Answer Options

A. Strategy A
Correct Answer B. Strategy B
C. Both strategies have the same expected return
D. Neither strategy is a good choice
Correct Answer
B
Correct Option:
Strategy B

About This Question

This is Post Utme Bells University 2021 General Studies Question 34. It is one of the objective questions from the 2021 Post Utme Bells University General Studies examination.

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