Post Utme Lasu 2022 Commerce Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Lasu Commerce examination.

Post Utme Lasu 2022 Commerce Objective / Multiple Choice
Question 27 POST_UTME_LASU • 2022 • COMMERCE • objective

A company is considering expanding its operations into a new market. The company has identified three potential markets: Market A, Market B, and Market C. Market A has a large population, but the company's product is not well-known in the market. Market B has a moderate population, but the company has a strong brand presence. Market C has a small population, but the company's product is highly sought after. Which market should the company choose to expand into?

Answer Options

A. Market A, due to its large population.
B. Market B, due to its moderate population and strong brand presence.
Correct Answer C. Market C, due to its small population and high demand for the product.
D. Market D, which has not been mentioned.
Correct Answer
C
Correct Option:
Market C, due to its small population and high demand for the product.

About This Question

This is Post Utme Lasu 2022 Commerce Question 27. It is one of the objective questions from the 2022 Post Utme Lasu 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