Post Utme Madonna University 2025 Commerce Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2025 Commerce Objective / Multiple Choice
Question 29 POST_UTME_MADONNA_UNIVERSITY • 2025 • COMMERCE • objective

A company is considering entering a new market. The company's marketing research indicates that the market is highly competitive, and the company's product is not unique. What is the most likely strategy for the company to adopt?

Answer Options

A. Market penetration
Correct Answer B. Market development
C. Product development
D. Diversification
Correct Answer
B
Correct Option:
Market development

About This Question

This is Post Utme Madonna University 2025 Commerce Question 29. It is one of the objective questions from the 2025 Post Utme Madonna University Commerce examination.

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