Post Utme Afe Babalola University 2024 Commerce Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2024 Commerce Objective / Multiple Choice

Question 37 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering the implementation of a just-in-time (JIT) inventory system. What is the primary benefit of JIT?

Answer Options

Correct Answer A. Reduced inventory costs and improved cash flow

B. Increased efficiency in production and delivery

C. Enhanced customer satisfaction through faster delivery

D. Improved product quality through reduced storage time

Correct Answer

Correct Option:

Reduced inventory costs and improved cash flow

About This Question

This is Post Utme Afe Babalola University 2024 Commerce Question 37. It is one of the objective questions from the 2024 Post Utme Afe Babalola University Commerce examination.

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