Post Utme Rhema University 2021 Commerce Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2021 Commerce Objective / Multiple Choice
Question 25 POST_UTME_RHEMA_UNIVERSITY • 2021 • COMMERCE • objective

A company has a business unit that operates in a competitive market. The company's market share is 20%, and the industry growth rate is 5% per annum. What is the company's expected market share after 5 years?

Answer Options

A. 15%
B. 20%
Correct Answer C. 25%
D. 30%
Correct Answer
C
Correct Option:
25%

About This Question

This is Post Utme Rhema University 2021 Commerce Question 25. It is one of the objective questions from the 2021 Post Utme Rhema University Commerce examination.

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