Post Utme Crawford University 2019 Commerce Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2019 Commerce Objective / Multiple Choice
Question 11 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • COMMERCE • objective

A company's sole trader is considering expanding its operations to a foreign market. Which of the following is a key consideration for the sole trader when deciding whether to expand?

Answer Options

A. The cost of setting up a new business in the foreign market
B. The potential for increased competition in the foreign market
Correct Answer C. The need to adapt the company's products or services to meet local market demands
D. The impact of exchange rates on the company's profits
Correct Answer
C
Correct Option:
The need to adapt the company's products or services to meet local market demands

About This Question

This is Post Utme Crawford University 2019 Commerce Question 11. It is one of the objective questions from the 2019 Post Utme Crawford University Commerce examination.

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