Post Utme Greenfield University 2017 Commerce Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2017 Commerce Objective / Multiple Choice
Question 34 POST_UTME_GREENFIELD_UNIVERSITY • 2017 • COMMERCE • objective

A company's sole trader is considering expanding its operations to a new market. However, the company is concerned about the potential risks associated with this expansion. Which of the following risk management strategies would be most appropriate for the company?

Answer Options

Correct Answer A. Diversification
B. Hedging
C. Risk avoidance
D. Risk transfer
Correct Answer
A
Correct Option:
Diversification

About This Question

This is Post Utme Greenfield University 2017 Commerce Question 34. It is one of the objective questions from the 2017 Post Utme Greenfield University Commerce examination.

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