Post Utme Lead City University 2022 Commerce Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2022 Commerce Objective / Multiple Choice
Question 28 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • COMMERCE • objective

A firm is considering two different marketing strategies to promote its new product. Strategy A involves a ₦500,000 advertising campaign and is expected to increase sales by 10%. Strategy B involves a ₦750,000 advertising campaign and is expected to increase sales by 15%. If the firm expects to sell 5,000 units of the product, 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 Lead City University 2022 Commerce Question 28. It is one of the objective questions from the 2022 Post Utme Lead City University Commerce examination.

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