Post Utme Afe Babalola University 2023 Commerce Question 6

Practice objective / multiple choice question 6 from the 2023 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2023 Commerce Objective / Multiple Choice
Question 6 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • COMMERCE • objective

A company specializes in producing and marketing a single product. This specialization allows the company to focus its resources on a specific area, leading to increased efficiency and productivity. What is the term for this type of production?

Answer Options

A. Mass Production
B. Batch Production
C. Job Production
Correct Answer D. Specialization
Correct Answer
D
Correct Option:
Specialization

About This Question

This is Post Utme Afe Babalola University 2023 Commerce Question 6. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Commerce examination.

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