Post Utme Pan Atlantic University 2023 Commerce Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2023 Commerce Objective / Multiple Choice
Question 8 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • COMMERCE • objective

A company is considering two different marketing strategies for its new product. Strategy A involves a high level of advertising and promotion, with a budget of ₦5,000,000. Strategy B involves a low level of advertising and promotion, with a budget of ₦1,000,000. If the company expects to sell 10,000 units of the product, which strategy should it choose to maximize its return on investment?

Answer Options

A. Strategy A
Correct Answer B. Strategy B
C. Both strategies are equally profitable
D. Neither strategy is profitable
Correct Answer
B
Correct Option:
Strategy B

About This Question

This is Post Utme Pan Atlantic University 2023 Commerce Question 8. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Commerce examination.

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