Post Utme Al Hikmah University 2023 Commerce Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2023 Commerce Objective / Multiple Choice
Question 18 POST_UTME_AL-HIKMAH_UNIVERSITY • 2023 • COMMERCE • objective

A company has decided to diversify its product line to reduce its dependence on a single market. Which of the following is a key benefit of diversification?

Answer Options

A. Increased market share
Correct Answer B. Reduced risk
C. Improved profitability
D. Enhanced reputation
Correct Answer
B
Correct Option:
Reduced risk

About This Question

This is Post Utme Al Hikmah University 2023 Commerce Question 18. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Commerce examination.

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