Post Utme Joseph Ayo Babalola University 2022 Commerce Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2022 Commerce Objective / Multiple Choice
Question 4 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2022 • COMMERCE • objective

A company is considering two different marketing strategies for promoting a new product. Strategy A involves a one-time advertising expenditure of ₦500,000, while Strategy B involves a monthly advertising expenditure of ₦50,000 for 12 months. If the company wants to minimize its total advertising expenditure, which strategy should it choose?

Answer Options

A. Strategy A
Correct Answer B. Strategy B
C. Both strategies are equally expensive
D. Neither strategy is cost-effective
Correct Answer
B
Correct Option:
Strategy B

About This Question

This is Post Utme Joseph Ayo Babalola University 2022 Commerce Question 4. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Commerce examination.

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