Post Utme Futo 2021 Commerce Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Futo Commerce examination.

Post Utme Futo 2021 Commerce Objective / Multiple Choice
Question 20 POST_UTME_FUTO • 2021 • COMMERCE • objective

A company is considering forming a partnership with another company to develop a new product. The partnership agreement requires each company to contribute a certain amount of capital and to share the profits and losses equally. However, one of the companies is concerned about the potential risks associated with the partnership, including the risk of financial loss and the risk of reputational damage. Which of the following is the most appropriate risk management strategy for the company?

Answer Options

Correct Answer A. Conducting a thorough analysis of the potential risks and benefits of the partnership
B. Developing a contingency plan in case of financial loss or reputational damage
C. Requiring the other company to provide a guarantee and liability insurance
D. Not forming the partnership due to the potential risks
Correct Answer
A
Correct Option:
Conducting a thorough analysis of the potential risks and benefits of the partnership

About This Question

This is Post Utme Futo 2021 Commerce Question 20. It is one of the objective questions from the 2021 Post Utme Futo Commerce examination.

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