Post Utme Futa 2017 Commerce Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Futa Commerce examination.

Post Utme Futa 2017 Commerce Objective / Multiple Choice
Question 20 POST_UTME_FUTA • 2017 • COMMERCE • objective

A sole trader's business is affected by the following factors: high competition, low profit margins, and a high level of uncertainty. Which of the following is the most appropriate business strategy for this sole trader?

Answer Options

A. Diversification
Correct Answer B. Concentration
C. Vertical integration
D. Horizontal integration
Correct Answer
B
Correct Option:
Concentration

About This Question

This is Post Utme Futa 2017 Commerce Question 20. It is one of the objective questions from the 2017 Post Utme Futa Commerce examination.

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