Post Utme Rhema University 2022 Commerce Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2022 Commerce Objective / Multiple Choice
Question 28 POST_UTME_RHEMA_UNIVERSITY • 2022 • COMMERCE • objective

A company's marketing mix is given by the 4 Ps: Product, Price, Place, and Promotion. If a company increases its advertising budget by 10% and reduces its product price by 5%, what is the overall effect on its marketing mix?

Answer Options

A. The company's marketing mix becomes more effective.
Correct Answer B. The company's marketing mix becomes less effective.
C. The company's marketing mix remains unchanged.
D. The company's marketing mix becomes more complex.
Correct Answer
B
Correct Option:
The company's marketing mix becomes less effective.

About This Question

This is Post Utme Rhema University 2022 Commerce Question 28. It is one of the objective questions from the 2022 Post Utme Rhema University Commerce examination.

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