Post Utme Covenant University 2018 Commerce Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2018 Commerce Objective / Multiple Choice
Question 19 POST_UTME_COVENANT_UNIVERSITY • 2018 • COMMERCE • objective

A bank is considering offering a new credit card product to its customers. Which of the following is a key consideration when evaluating the potential profitability of this product?

Answer Options

A. Interest rates and fees
Correct Answer B. Credit risk and default rates
C. Marketing and advertising costs
D. Customer acquisition and retention
Correct Answer
B
Correct Option:
Credit risk and default rates

About This Question

This is Post Utme Covenant University 2018 Commerce Question 19. It is one of the objective questions from the 2018 Post Utme Covenant University Commerce examination.

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