Post Utme Caleb University 2022 Commerce Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2022 Commerce Objective / Multiple Choice
Question 31 POST_UTME_CALEB_UNIVERSITY • 2022 • COMMERCE • objective

A company is considering two marketing strategies: one that focuses on social media advertising and another that focuses on influencer marketing. If the company has a budget of ₦1,500,000 and the cost of social media advertising is ₦500,000, while the cost of influencer marketing is ₦750,000, which strategy should the company choose if it wants to maximize its return on investment?

Answer Options

Correct Answer A. Social media advertising
B. Influencer marketing
C. Both strategies are equally effective
D. Neither strategy is effective
Correct Answer
A
Correct Option:
Social media advertising

About This Question

This is Post Utme Caleb University 2022 Commerce Question 31. It is one of the objective questions from the 2022 Post Utme Caleb University Commerce examination.

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