Post Utme Caleb University 2017 Commerce Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2017 Commerce Objective / Multiple Choice
Question 10 POST_UTME_CALEB_UNIVERSITY • 2017 • COMMERCE • objective

A bank is considering the introduction of a new financial product. The product is expected to generate significant revenue, but it also poses a risk to customers. Which of the following is the most appropriate course of action?

Answer Options

A. The bank should proceed with the introduction of the new product.
Correct Answer B. The bank should conduct a thorough risk assessment before introducing the new product.
C. The bank should abandon the new product due to customer concerns.
D. The bank should seek the advice of a regulatory agency before introducing the new product.
Correct Answer
B
Correct Option:
The bank should conduct a thorough risk assessment before introducing the new product.

About This Question

This is Post Utme Caleb University 2017 Commerce Question 10. It is one of the objective questions from the 2017 Post Utme Caleb University Commerce examination.

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