Post Utme Christopher University 2023 Commerce Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2023 Commerce Objective / Multiple Choice
Question 16 POST_UTME_CHRISTOPHER_UNIVERSITY • 2023 • COMMERCE • objective

A company's marketing strategy involves creating a new product line that targets a specific demographic. The product line is designed to appeal to a younger audience, and the company plans to promote it through social media and influencer marketing. However, the company is concerned about the potential risks associated with this strategy, including the possibility of backlash from older consumers who may feel left out. Which of the following is a key consideration for the company in terms of risk management?

Answer Options

Correct Answer A. The potential impact on the company's brand reputation
B. The potential loss of sales to competitors
C. The potential increase in production costs
D. The potential decrease in employee morale
Correct Answer
A
Correct Option:
The potential impact on the company's brand reputation

About This Question

This is Post Utme Christopher University 2023 Commerce Question 16. It is one of the objective questions from the 2023 Post Utme Christopher University Commerce examination.

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