Post Utme Achievers University 2020 Commerce Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2020 Commerce Objective / Multiple Choice
Question 4 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering importing goods from a foreign country. The company has determined that the foreign country has a comparative advantage in producing the goods. However, the company is concerned about the potential risks associated with importing goods from a foreign country. Which of the following strategies would be most effective in mitigating these risks?

Answer Options

A. Conducting thorough market research to identify potential risks and opportunities.
B. Establishing a local subsidiary to manage the importation of goods.
C. Partnering with a local company to co-brand and co-market the goods.
Correct Answer D. Focusing on a small pilot importation to test the market.
Correct Answer
D
Correct Option:
Focusing on a small pilot importation to test the market.

About This Question

This is Post Utme Achievers University 2020 Commerce Question 4. It is one of the objective questions from the 2020 Post Utme Achievers University Commerce examination.

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