Post Utme Madonna University 2024 Commerce Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2024 Commerce Objective / Multiple Choice
Question 25 POST_UTME_MADONNA_UNIVERSITY • 2024 • COMMERCE • objective

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

Answer Options

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

About This Question

This is Post Utme Madonna University 2024 Commerce Question 25. It is one of the objective questions from the 2024 Post Utme Madonna University Commerce examination.

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