Post Utme Caleb University 2017 Commerce Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2017 Commerce Objective / Multiple Choice
Question 19 POST_UTME_CALEB_UNIVERSITY • 2017 • COMMERCE • objective

A firm is considering two different production strategies for its new product: a make-to-stock (MTS) strategy and a make-to-order (MTO) strategy. Which strategy is more likely to result in higher production costs in the short run?

Answer Options

A. Make-to-stock (MTS) strategy
Correct Answer B. Make-to-order (MTO) strategy
C. Just-in-time (JIT) strategy
D. Mass production strategy
Correct Answer
B
Correct Option:
Make-to-order (MTO) strategy

About This Question

This is Post Utme Caleb University 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Caleb University Commerce examination.

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