Post Utme Greenfield University 2021 Commerce Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2021 Commerce Objective / Multiple Choice
Question 12 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering the introduction of a new product line. The product is a type of consumer non-durable, and the company expects it to have a high demand. However, the production process involves a high level of complexity, and the company is concerned about the potential risks associated with it. Which of the following strategies would be most appropriate for the company to adopt?

Answer Options

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

About This Question

This is Post Utme Greenfield University 2021 Commerce Question 12. It is one of the objective questions from the 2021 Post Utme Greenfield University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support