Post Utme Bowen University 2023 Commerce Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2023 Commerce Objective / Multiple Choice
Question 35 POST_UTME_BOWEN_UNIVERSITY • 2023 • COMMERCE • objective

A firm's supply chain involves the use of a vendor-managed inventory (VMI) system. What is the primary advantage of this system?

Answer Options

A. Improved inventory accuracy
B. Reduced inventory costs
Correct Answer C. Enhanced supplier-customer relationships
D. Increased flexibility in supply chain management
Correct Answer
C
Correct Option:
Enhanced supplier-customer relationships

About This Question

This is Post Utme Bowen University 2023 Commerce Question 35. It is one of the objective questions from the 2023 Post Utme Bowen University Commerce examination.

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