Post Utme Abu 2020 Commerce Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Abu Commerce examination.

Post Utme Abu 2020 Commerce Objective / Multiple Choice
Question 21 POST_UTME_ABU • 2020 • COMMERCE • objective

The concept of 'production specialization' in commerce refers to the practice of focusing on the production of a specific good or service, thereby developing expertise and efficiency in that area. Which of the following is a key benefit of production specialization?

Answer Options

A. Increased competition
B. Improved quality control
Correct Answer C. Reduced production costs
D. Enhanced customer satisfaction
Correct Answer
C
Correct Option:
Reduced production costs

About This Question

This is Post Utme Abu 2020 Commerce Question 21. It is one of the objective questions from the 2020 Post Utme Abu Commerce examination.

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