Post Utme Igbinedion University 2020 Commerce Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2020 Commerce Objective / Multiple Choice

Question 10 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • COMMERCE • objective

A business uses a just-in-time inventory system to manage its stock levels. Which of the following is a benefit of this approach?

Answer Options

Correct Answer A. Reduced inventory costs associated with holding excess stock

B. Improved visibility and control over inventory levels

C. Enhanced ability to respond to changes in demand

D. Increased flexibility in managing the supply chain

Correct Answer

Correct Option:

Reduced inventory costs associated with holding excess stock

About This Question

This is Post Utme Igbinedion University 2020 Commerce Question 10. It is one of the objective questions from the 2020 Post Utme Igbinedion University Commerce examination.

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