Post Utme Covenant University 2024 Commerce Question 16

Practice objective / multiple choice question 16 from the 2024 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2024 Commerce Objective / Multiple Choice
Question 16 POST_UTME_COVENANT_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering two marketing strategies: one that focuses on social media advertising and another that focuses on influencer marketing. If the company expects to reach 50,000 potential customers through social media advertising and 20,000 potential customers through influencer marketing, and the cost of social media advertising is ₦150,000 and the cost of influencer marketing is ₦80,000, which strategy should the company choose?

Answer Options

Correct Answer A. Social media advertising
B. Influencer marketing
C. Both strategies are equally effective
D. Neither strategy is effective
Correct Answer
A
Correct Option:
Social media advertising

About This Question

This is Post Utme Covenant University 2024 Commerce Question 16. It is one of the objective questions from the 2024 Post Utme Covenant University Commerce examination.

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