Post Utme Unilag 2024 Commerce Question 27

Practice objective / multiple choice question 27 from the 2024 Post Utme Unilag Commerce examination.

Post Utme Unilag 2024 Commerce Objective / Multiple Choice
Question 27 POST_UTME_UNILAG • 2024 • COMMERCE • objective

A firm is considering the introduction of a new product line. The product requires a significant investment in production facilities and marketing. However, the company's financial analysts have projected a high return on investment. Which of the following production strategies would be most appropriate for this product?

Answer Options

A. Mass production with a focus on efficiency
Correct Answer B. Flexible manufacturing with a focus on customization
C. Just-in-time production with a focus on reducing inventory
D. Outsourcing production to a contract manufacturer
Correct Answer
B
Correct Option:
Flexible manufacturing with a focus on customization

About This Question

This is Post Utme Unilag 2024 Commerce Question 27. It is one of the objective questions from the 2024 Post Utme Unilag Commerce examination.

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