Post Utme Wellspring University 2024 Commerce Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2024 Commerce Objective / Multiple Choice
Question 26 POST_UTME_WELLSPRING_UNIVERSITY • 2024 • COMMERCE • objective

A bank's primary objective is to maximize shareholder value, but this may conflict with its social responsibility to provide affordable loans to low-income households. Which of the following marketing strategies would help the bank balance its objectives?

Answer Options

A. Targeted advertising to low-income households
Correct Answer B. Partnership with non-profit organizations to provide affordable loans
C. Increased use of social media to promote bank services
D. Introduction of new financial products with higher interest rates
Correct Answer
B
Correct Option:
Partnership with non-profit organizations to provide affordable loans

About This Question

This is Post Utme Wellspring University 2024 Commerce Question 26. It is one of the objective questions from the 2024 Post Utme Wellspring University Commerce examination.

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