Post Utme Rhema University 2018 Commerce Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2018 Commerce Objective / Multiple Choice
Question 24 POST_UTME_RHEMA_UNIVERSITY • 2018 • COMMERCE • objective

A company is planning to launch a new product. What is the primary goal of market research in this context?

Answer Options

A. To identify potential competitors
Correct Answer B. To determine market demand
C. To develop a marketing strategy
D. To create a product prototype
Correct Answer
B
Correct Option:
To determine market demand

About This Question

This is Post Utme Rhema University 2018 Commerce Question 24. It is one of the objective questions from the 2018 Post Utme Rhema University Commerce examination.

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