Post Utme Futa 2017 Commerce Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Futa Commerce examination.

Post Utme Futa 2017 Commerce Objective / Multiple Choice
Question 30 POST_UTME_FUTA • 2017 • COMMERCE • objective

A company has a policy of paying its employees a minimum of ₦50,000 per month. However, the company's financial situation has changed, and it can no longer afford to pay this amount. What should the company do?

Answer Options

A. Reduce the minimum wage to ₦40,000
B. Increase the minimum wage to ₦60,000
Correct Answer C. Negotiate with employees to accept a lower wage
D. Lay off employees to reduce costs
Correct Answer
C
Correct Option:
Negotiate with employees to accept a lower wage

About This Question

This is Post Utme Futa 2017 Commerce Question 30. It is one of the objective questions from the 2017 Post Utme Futa Commerce examination.

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