Post Utme Madonna University 2017 Commerce Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2017 Commerce Objective / Multiple Choice
Question 6 POST_UTME_MADONNA_UNIVERSITY • 2017 • COMMERCE • objective

The concept of specialization in production refers to the process of producing a specific product or service in a specific location, using a specific technology, and with a specific set of skills. What is the primary advantage of specialization in production?

Answer Options

Correct Answer A. Increased efficiency
B. Reduced costs
C. Improved quality
D. Increased competition
Correct Answer
A
Correct Option:
Increased efficiency

About This Question

This is Post Utme Madonna University 2017 Commerce Question 6. It is one of the objective questions from the 2017 Post Utme Madonna University Commerce examination.

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