Post Utme Covenant University 2024 Commerce Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2024 Commerce Objective / Multiple Choice

Question 40 POST_UTME_COVENANT_UNIVERSITY • 2024 • COMMERCE • objective

A company uses a just-in-time (JIT) inventory system to manage its stock levels. Which of the following is a key benefit of JIT?

Answer Options

Correct Answer A. Reduced inventory costs

B. Improved product quality

C. Increased flexibility

D. Enhanced customer service

Correct Answer

Correct Option:

Reduced inventory costs

About This Question

This is Post Utme Covenant University 2024 Commerce Question 40. It is one of the objective questions from the 2024 Post Utme Covenant University Commerce examination.

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