Post Utme Summit University 2018 Commerce Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Summit University Commerce examination.

Post Utme Summit University 2018 Commerce Objective / Multiple Choice
Question 34 POST_UTME_SUMMIT_UNIVERSITY • 2018 • COMMERCE • objective

A firm is considering two different production strategies to produce its new product. Strategy A involves using a make-to-stock (MTS) strategy, while Strategy B involves using a make-to-order (MTO) strategy. If the firm wants to minimize its production costs, which strategy should it choose?

Answer Options

A. Strategy A
Correct Answer B. Strategy B
C. Strategy A and Strategy B
D. Neither Strategy A nor Strategy B
Correct Answer
B
Correct Option:
Strategy B

About This Question

This is Post Utme Summit University 2018 Commerce Question 34. It is one of the objective questions from the 2018 Post Utme Summit University Commerce examination.

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