Post Utme Nile University 2024 Commerce Question 1

Practice objective / multiple choice question 1 from the 2024 Post Utme Nile University Commerce examination.

Post Utme Nile University 2024 Commerce Objective / Multiple Choice
Question 1 POST_UTME_NILE_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering the introduction of a new product line. The product has a high potential for growth, but it also carries a high level of risk. Which of the following risk management strategies would be most appropriate for this situation?

Answer Options

Correct Answer A. Diversification
B. Hedging
C. Speculation
D. Risk avoidance
Correct Answer
A
Correct Option:
Diversification

About This Question

This is Post Utme Nile University 2024 Commerce Question 1. It is one of the objective questions from the 2024 Post Utme Nile University Commerce examination.

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