Post Utme Coal City University 2021 Commerce Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2021 Commerce Objective / Multiple Choice
Question 19 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • COMMERCE • objective

A company has developed a new product that is expected to generate significant revenue. However, the company's marketing team has identified a potential risk that could impact sales. Which of the following is a possible way to mitigate this risk?

Answer Options

A. Conducting market research
Correct Answer B. Developing a contingency plan
C. Increasing the product's price
D. Reducing the product's features
Correct Answer
B
Correct Option:
Developing a contingency plan

About This Question

This is Post Utme Coal City University 2021 Commerce Question 19. It is one of the objective questions from the 2021 Post Utme Coal City University Commerce examination.

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