Post Utme Uniosun 2023 Commerce Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2023 Commerce Objective / Multiple Choice
Question 28 POST_UTME_UNIOSUN • 2023 • COMMERCE • objective

A firm is considering entering a new market. The firm's marketing research indicates that the market is highly competitive, and the firm's product is not well-known in the market. However, the firm's product has a unique feature that sets it apart from its competitors. What is the likely effect of the firm's product feature on its market share?

Answer Options

Correct Answer A. The firm's market share will increase due to its unique product feature.
B. The firm's market share will decrease due to its lack of market presence.
C. The firm's market share will remain the same due to its competitive market.
D. The firm's market share will increase due to its well-known product.
Correct Answer
A
Correct Option:
The firm's market share will increase due to its unique product feature.

About This Question

This is Post Utme Uniosun 2023 Commerce Question 28. It is one of the objective questions from the 2023 Post Utme Uniosun Commerce examination.

View More Post Utme Uniosun 2023 Commerce Questions More Post Utme Uniosun Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support