Post Utme Lead City University 2021 Commerce Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2021 Commerce Objective / Multiple Choice
Question 21 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • COMMERCE • objective

A company's marketing strategy involves creating a sense of urgency among its customers to purchase a product. This strategy is an example of which of the following?

Answer Options

Correct Answer A. Scarcity principle
B. Loss aversion principle
C. Endowment effect principle
D. Anchoring effect principle
Correct Answer
A
Correct Option:
Scarcity principle

About This Question

This is Post Utme Lead City University 2021 Commerce Question 21. It is one of the objective questions from the 2021 Post Utme Lead City University Commerce examination.

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