Post Utme Crawford University 2025 Commerce Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2025 Commerce Objective / Multiple Choice
Question 34 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • COMMERCE • objective

A firm is considering a new business strategy that involves expanding its operations to a new market. The firm has identified several potential locations, but is concerned about the potential risks associated with operating in a new market. Which of the following is the most appropriate way for the firm to mitigate these risks?

Answer Options

Correct Answer A. Conduct a thorough market analysis to identify potential opportunities and risks
B. Establish a local subsidiary to manage the firm's operations in the new market
C. Partner with a local firm to gain access to the market
D. Limit the scope of the firm's operations in the new market to a specific product or service
Correct Answer
A
Correct Option:
Conduct a thorough market analysis to identify potential opportunities and risks

About This Question

This is Post Utme Crawford University 2025 Commerce Question 34. It is one of the objective questions from the 2025 Post Utme Crawford University Commerce examination.

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