Post Utme Lasu 2024 Commerce Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Lasu Commerce examination.

Post Utme Lasu 2024 Commerce Objective / Multiple Choice
Question 21 POST_UTME_LASU • 2024 • COMMERCE • objective

A company is considering two marketing strategies to promote its new product. Strategy A involves a high upfront cost of ₦1,500,000 but is expected to generate ₦3,000,000 in revenue over the first year. Strategy B has a lower upfront cost of ₦500,000 but is expected to generate ₦2,000,000 in revenue over the first year. Which strategy should the company choose?

Answer Options

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

About This Question

This is Post Utme Lasu 2024 Commerce Question 21. It is one of the objective questions from the 2024 Post Utme Lasu Commerce examination.

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