Post Utme Madonna University 2025 Commerce Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2025 Commerce Objective / Multiple Choice
Question 32 POST_UTME_MADONNA_UNIVERSITY • 2025 • COMMERCE • objective

A firm is considering entering a new market. The market is characterized by a high level of competition and a low level of market share. Which of the following strategies would be most appropriate for the firm?

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

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