Post Utme Coal City University 2023 Commerce Question 6

Practice objective / multiple choice question 6 from the 2023 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2023 Commerce Objective / Multiple Choice
Question 6 POST_UTME_COAL_CITY_UNIVERSITY • 2023 • COMMERCE • objective

A company is considering two different marketing strategies to promote its new product. Strategy A involves a high upfront cost of ₦5 million, but it is expected to generate ₦20 million in revenue over the next 6 months. Strategy B involves a lower upfront cost of ₦2 million, but it is expected to generate ₦15 million in revenue over the next 6 months. Which strategy should the company 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 Coal City University 2023 Commerce Question 6. It is one of the objective questions from the 2023 Post Utme Coal City University Commerce examination.

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