Post Utme Unilag 2024 Commerce Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Unilag Commerce examination.

Post Utme Unilag 2024 Commerce Objective / Multiple Choice
Question 2 POST_UTME_UNILAG • 2024 • COMMERCE • objective

A sole trader's business is exposed to various risks, including market risk, credit risk, and operational risk. Which of the following is a way to manage operational risk?

Answer Options

A. Diversification
B. Hedging
C. Risk transfer
Correct Answer D. Contingency planning
Correct Answer
D
Correct Option:
Contingency planning

About This Question

This is Post Utme Unilag 2024 Commerce Question 2. It is one of the objective questions from the 2024 Post Utme Unilag Commerce examination.

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