Post Utme Caleb University 2024 Commerce Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2024 Commerce Objective / Multiple Choice
Question 39 POST_UTME_CALEB_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering investing in a new project that has a high potential return on investment. However, the company is concerned about the potential risks associated with the project. What is the most appropriate strategy for the company to manage these risks?

Answer Options

A. Conduct a thorough risk assessment to identify potential risks.
Correct Answer B. Develop a contingency plan to mitigate potential risks.
C. Increase the budget for the project to reduce the risk.
D. Delay the project to reduce the risk.
Correct Answer
B
Correct Option:
Develop a contingency plan to mitigate potential risks.

About This Question

This is Post Utme Caleb University 2024 Commerce Question 39. It is one of the objective questions from the 2024 Post Utme Caleb University Commerce examination.

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