Post Utme Unilorin 2023 Commerce Question 37

Practice objective / multiple choice question 37 from the 2023 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2023 Commerce Objective / Multiple Choice
Question 37 POST_UTME_UNILORIN • 2023 • COMMERCE • objective

A firm is considering entering a new market in a foreign country. The firm has conducted market research and has identified a potential customer base. However, the firm is concerned about the risks associated with entering a new market, including cultural differences, language barriers, and regulatory requirements. What is the primary risk that the firm should consider when entering this new market?

Answer Options

A. Cultural differences
B. Language barriers
Correct Answer C. Regulatory requirements
D. Economic instability
Correct Answer
C
Correct Option:
Regulatory requirements

About This Question

This is Post Utme Unilorin 2023 Commerce Question 37. It is one of the objective questions from the 2023 Post Utme Unilorin Commerce examination.

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