Post Utme Summit University 2021 Commerce Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Summit University Commerce examination.

Post Utme Summit University 2021 Commerce Objective / Multiple Choice

Question 30 POST_UTME_SUMMIT_UNIVERSITY • 2021 • COMMERCE • objective

A firm's warehousing and stock control system involves a just-in-time (JIT) inventory management policy. What is the primary advantage of this policy?

Answer Options

A. Reduced inventory costs

Correct Answer B. Improved inventory turnover

C. Increased storage capacity

D. Enhanced customer satisfaction

Correct Answer

Correct Option:

Improved inventory turnover

About This Question

This is Post Utme Summit University 2021 Commerce Question 30. It is one of the objective questions from the 2021 Post Utme Summit University Commerce examination.

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