Post Utme Elizade University 2024 Commerce Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2024 Commerce Objective / Multiple Choice
Question 24 POST_UTME_ELIZADE_UNIVERSITY • 2024 • COMMERCE • objective

A company uses the just-in-time (JIT) inventory management system. What is the primary advantage of this system?

Answer Options

Correct Answer A. Reduced inventory costs
B. Improved product quality
C. Increased production efficiency
D. Enhanced customer satisfaction
Correct Answer
A
Correct Option:
Reduced inventory costs

About This Question

This is Post Utme Elizade University 2024 Commerce Question 24. It is one of the objective questions from the 2024 Post Utme Elizade University Commerce examination.

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