Post Utme Christopher University 2021 Commerce Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2021 Commerce Objective / Multiple Choice
Question 36 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering two different marketing strategies for its new product. Strategy A involves a high initial investment in advertising, but the company expects a high return on investment (ROI) of 25%. Strategy B involves a lower initial investment in advertising, but the company expects a lower ROI of 10%. If the company has a budget of ₦1,000,000 for advertising, which strategy should it choose?

Answer Options

Correct Answer A. Strategy A
B. Strategy B
C. Both strategies are equally effective
D. Neither strategy is effective
Correct Answer
A
Correct Option:
Strategy A

About This Question

This is Post Utme Christopher University 2021 Commerce Question 36. It is one of the objective questions from the 2021 Post Utme Christopher University Commerce examination.

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