Post Utme Lead City University 2020 Commerce Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2020 Commerce Objective / Multiple Choice
Question 18 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • COMMERCE • objective

A company's marketing strategy involves creating a new product to target a specific market segment. Which of the following is a characteristic of a new product?

Answer Options

A. The product is already established in the market
Correct Answer B. The product is new to the market and targets a specific segment
C. The product is a variation of an existing product
D. The product is a replacement for an existing product
Correct Answer
B
Correct Option:
The product is new to the market and targets a specific segment

About This Question

This is Post Utme Lead City University 2020 Commerce Question 18. It is one of the objective questions from the 2020 Post Utme Lead City University Commerce examination.

View More Post Utme Lead City University 2020 Commerce Questions More Post Utme Lead City University Practice Questions Back to Questions

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