Post Utme Delsu 2022 Commerce Question 33

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

Post Utme Delsu 2022 Commerce Objective / Multiple Choice

Question 33 POST_UTME_DELSU • 2022 • COMMERCE • objective

A firm is considering two marketing strategies: A and B. Strategy A has a 60% chance of success and a 40% chance of failure, while strategy B has a 70% chance of success and a 30% chance of failure. If the firm wants to maximize its chances of success, which strategy should it choose?

A. Strategy A

Correct Answer B. Strategy B

C. Both strategies have equal chances of success

D. It is impossible to determine which strategy is better

Correct Answer

Correct Option:

Strategy B

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

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