Post Utme Futa 2021 Commerce Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Futa Commerce examination.

Post Utme Futa 2021 Commerce Objective / Multiple Choice
Question 14 POST_UTME_FUTA • 2021 • COMMERCE • objective

A company is considering two different marketing strategies to promote a new product. Strategy A involves a ₦100,000 advertising campaign and is expected to increase sales by 20%. Strategy B involves a ₦150,000 advertising campaign and is expected to increase sales by 30%. If the company's current sales are ₦1,000,000, which strategy should the company use to maximize its revenue?

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 Futa 2021 Commerce Question 14. It is one of the objective questions from the 2021 Post Utme Futa Commerce examination.

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