Post Utme Uniben 2019 Commerce Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Uniben Commerce examination.

Post Utme Uniben 2019 Commerce Objective / Multiple Choice
Question 32 POST_UTME_UNIBEN • 2019 • COMMERCE • objective

A company is considering the introduction of a new product. The product is expected to have a high demand, but the production costs are high. Which of the following is the most appropriate decision for the company?

Answer Options

A. To produce the product in large quantities to meet the high demand
B. To produce the product in small quantities to minimize production costs
Correct Answer C. To conduct market research to determine the feasibility of the product
D. To abandon the product idea due to high production costs
Correct Answer
C
Correct Option:
To conduct market research to determine the feasibility of the product

About This Question

This is Post Utme Uniben 2019 Commerce Question 32. It is one of the objective questions from the 2019 Post Utme Uniben Commerce examination.

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