Post Utme Covenant University 2022 Commerce Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2022 Commerce Objective / Multiple Choice
Question 12 POST_UTME_COVENANT_UNIVERSITY • 2022 • COMMERCE • objective

A firm specializes in producing only one product, which is a type of electronic device. The firm has a high level of expertise in producing this product and has a strong brand reputation. What is the primary advantage of this specialization?

Answer Options

A. The firm can produce a wide range of products.
B. The firm can reduce its production costs.
Correct Answer C. The firm can improve its quality control.
D. The firm can increase its market share.
Correct Answer
C
Correct Option:
The firm can improve its quality control.

About This Question

This is Post Utme Covenant University 2022 Commerce Question 12. It is one of the objective questions from the 2022 Post Utme Covenant University Commerce examination.

View More Post Utme Covenant University 2022 Commerce Questions More Post Utme Covenant University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support