Post Utme Unilag 2022 Commerce Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Unilag Commerce examination.

Post Utme Unilag 2022 Commerce Objective / Multiple Choice
Question 10 POST_UTME_UNILAG • 2022 • COMMERCE • objective

A company is considering purchasing a new piece of equipment for its manufacturing process. The company has determined that the equipment will increase productivity and reduce costs. However, the company is concerned about the potential risks associated with the purchase. Which of the following risk management strategies would be most effective in mitigating these risks?

Answer Options

A. Cost-benefit analysis
Correct Answer B. Risk assessment
C. Return on investment
D. Break-even analysis
Correct Answer
B
Correct Option:
Risk assessment

About This Question

This is Post Utme Unilag 2022 Commerce Question 10. It is one of the objective questions from the 2022 Post Utme Unilag Commerce examination.

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