Post Utme Joseph Ayo Babalola University 2018 Commerce Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2018 Commerce Objective / Multiple Choice
Question 2 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • COMMERCE • objective

A company is considering two different marketing strategies for its new product. Strategy A involves a high initial investment of ₦10 million, but it is expected to generate ₦20 million in revenue per year for 5 years. Strategy B involves a low initial investment of ₦2 million, but it is expected to generate ₦15 million in revenue per year for 3 years. Which strategy should the company choose?

Answer Options

Correct Answer A. Strategy A
B. Strategy B
C. Both strategies are equally profitable
D. Neither strategy is profitable
Correct Answer
A
Correct Option:
Strategy A

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Commerce Question 2. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support