Post Utme Skyline University 2017 Commerce Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2017 Commerce Objective / Multiple Choice
Question 5 POST_UTME_SKYLINE_UNIVERSITY • 2017 • COMMERCE • objective

A firm's inventory management system involves the use of a just-in-time (JIT) inventory system to minimize inventory levels and costs. Which of the following is a benefit of using such a system?

Answer Options

A. Improved cash flow and liquidity
B. Enhanced customer service and satisfaction
Correct Answer C. Reduced inventory levels and costs
D. Increased efficiency and productivity
Correct Answer
C
Correct Option:
Reduced inventory levels and costs

About This Question

This is Post Utme Skyline University 2017 Commerce Question 5. It is one of the objective questions from the 2017 Post Utme Skyline University Commerce examination.

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