Post Utme Wellspring University 2024 Commerce Question 6

Practice objective / multiple choice question 6 from the 2024 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2024 Commerce Objective / Multiple Choice
Question 6 POST_UTME_WELLSPRING_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering two marketing strategies: one that targets a niche market with a high-end product and another that targets a mass market with a low-end product. Which strategy is more likely to result in higher sales and profits?

Answer Options

Correct Answer A. Niche market strategy
B. Mass market strategy
C. Both strategies are equally effective
D. Neither strategy is effective
Correct Answer
A
Correct Option:
Niche market strategy

About This Question

This is Post Utme Wellspring University 2024 Commerce Question 6. It is one of the objective questions from the 2024 Post Utme Wellspring University Commerce examination.

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