Post Utme Noun 2018 Commerce Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Noun Commerce examination.

Post Utme Noun 2018 Commerce Objective / Multiple Choice
Question 38 POST_UTME_NOUN • 2018 • COMMERCE • objective

A company is considering expanding its operations to a new market. The company has conducted a market analysis and determined that the new market has a high demand for its product. However, the company is concerned about the potential risks associated with entering a new market. What is the appropriate risk management strategy for the company to adopt?

Answer Options

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

About This Question

This is Post Utme Noun 2018 Commerce Question 38. It is one of the objective questions from the 2018 Post Utme Noun Commerce examination.

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