WAEC Marketing 2023 Objective — Question 21
Question 21 of 40 from the West African Examinations Council (WAEC) Marketing 2023 Objective paper, with the correct answer and a full explanation.
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A benefit the company would derive from advertising the product is a
- A. increase in competition
- B. increase in market shareCorrect
- C. decrease in production cost
- D. decrease in tax liabilities
Explanation
Effective advertising increases brand awareness and sales, thereby increasing the firm's market share.
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