Post Utme Covenant University 2022 Commerce Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2022 Commerce Objective / Multiple Choice
Question 33 POST_UTME_COVENANT_UNIVERSITY • 2022 • COMMERCE • objective

A company is considering two different advertising strategies for its new product. Strategy A involves a one-time payment of ₦5 million to a popular celebrity to endorse the product. Strategy B involves a series of advertisements on social media that cost ₦1 million per month for 6 months. If the company expects to sell 10,000 units of the product, which strategy should it choose?

Answer Options

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

About This Question

This is Post Utme Covenant University 2022 Commerce Question 33. It is one of the objective questions from the 2022 Post Utme Covenant University Commerce examination.

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