Post Utme Unilag 2022 Commerce Question 6

Practice objective / multiple choice question 6 from the 2022 Post Utme Unilag Commerce examination.

Post Utme Unilag 2022 Commerce Objective / Multiple Choice
Question 6 POST_UTME_UNILAG • 2022 • COMMERCE • objective

A firm specializes in producing a single product, which is a type of consumer good. The production process involves a series of complex steps, including material sourcing, manufacturing, and packaging. The firm's goal is to maximize profits while maintaining a high level of quality control. Which of the following production strategies would be most effective in achieving this goal?

Answer Options

A. Mass production
B. Flexible manufacturing
Correct Answer C. Just-in-time production
D. Batch production
Correct Answer
C
Correct Option:
Just-in-time production

About This Question

This is Post Utme Unilag 2022 Commerce Question 6. It is one of the objective questions from the 2022 Post Utme Unilag Commerce examination.

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