Post Utme Lasu 2023 Commerce Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Lasu Commerce examination.

Post Utme Lasu 2023 Commerce Objective / Multiple Choice
Question 40 POST_UTME_LASU • 2023 • COMMERCE • objective

A firm is considering two different advertising strategies for its new product. Strategy A involves a television commercial, while Strategy B involves a social media campaign. The firm's advertising costs are as follows: television commercial costs 10,000, social media campaign costs 5,000. If the firm wants to maximize its return on investment, which strategy should it choose?

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 Lasu 2023 Commerce Question 40. It is one of the objective questions from the 2023 Post Utme Lasu Commerce examination.

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