Post Utme Lead City University 2018 Commerce Question 16

Practice objective / multiple choice question 16 from the 2018 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2018 Commerce Objective / Multiple Choice
Question 16 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • COMMERCE • objective

A firm specializes in producing only one product. This specialization allows the firm to focus on a specific market segment and develop expertise in that area. What is the primary benefit of specialization for the firm?

Answer Options

A. Increased efficiency
B. Reduced costs
Correct Answer C. Improved product quality
D. Enhanced customer satisfaction
Correct Answer
C
Correct Option:
Improved product quality

About This Question

This is Post Utme Lead City University 2018 Commerce Question 16. It is one of the objective questions from the 2018 Post Utme Lead City University Commerce examination.

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