Post Utme Unilag 2020 Commerce Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Unilag Commerce examination.

Post Utme Unilag 2020 Commerce Objective / Multiple Choice
Question 12 POST_UTME_UNILAG • 2020 • COMMERCE • objective

A firm is considering exporting its products to a foreign country. The firm has identified several potential markets, but it is unsure which one to choose. Which of the following factors should the firm consider when deciding which market to enter?

Answer Options

Correct Answer A. The firm should consider the size of the market and the level of competition.
B. The firm should consider the cultural and social norms of the target market.
C. The firm should consider the political and economic stability of the target market.
D. The firm should consider the availability of raw materials and labor in the target market.
Correct Answer
A
Correct Option:
The firm should consider the size of the market and the level of competition.

About This Question

This is Post Utme Unilag 2020 Commerce Question 12. It is one of the objective questions from the 2020 Post Utme Unilag Commerce examination.

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