Post Utme Igbinedion University 2021 Commerce Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2021 Commerce Objective / Multiple Choice
Question 27 POST_UTME_IGBINEDION_UNIVERSITY • 2021 • COMMERCE • objective

A firm specializes in producing a particular type of widget. The production process involves several stages, including cutting, shaping, and assembling. Which of the following is an example of specialization in production?

Answer Options

A. Vertical integration
B. Horizontal integration
Correct Answer C. Division of labor
D. Outsourcing
Correct Answer
C
Correct Option:
Division of labor

About This Question

This is Post Utme Igbinedion University 2021 Commerce Question 27. It is one of the objective questions from the 2021 Post Utme Igbinedion University Commerce examination.

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