Post Utme Covenant University 2017 Commerce Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2017 Commerce Objective / Multiple Choice
Question 5 POST_UTME_COVENANT_UNIVERSITY • 2017 • COMMERCE • objective

A company purchases insurance to mitigate the risk of business interruption. What is the primary benefit of this approach?

Answer Options

Correct Answer A. Reduced financial losses due to business interruption
B. Improved product quality due to reduced risk of damage
C. Enhanced customer satisfaction due to faster delivery
D. Increased flexibility due to reduced lead times
Correct Answer
A
Correct Option:
Reduced financial losses due to business interruption

About This Question

This is Post Utme Covenant University 2017 Commerce Question 5. It is one of the objective questions from the 2017 Post Utme Covenant University Commerce examination.

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