Post Utme Lautech 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Lautech Commerce examination.

Post Utme Lautech 2023 Commerce Objective / Multiple Choice
Question 20 POST_UTME_LAUTECH • 2023 • COMMERCE • objective

A company that specializes in the production of specialized machinery for the manufacturing industry is an example of a firm that engages in

Answer Options

A. Horizontal specialization
Correct Answer B. Vertical specialization
C. Product diversification
D. Market diversification
Correct Answer
B
Correct Option:
Vertical specialization

About This Question

This is Post Utme Lautech 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Lautech Commerce examination.

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