Post Utme Uniosun 2020 Commerce Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2020 Commerce Objective / Multiple Choice
Question 12 POST_UTME_UNIOSUN • 2020 • COMMERCE • objective

A company offers a warranty on its products, which covers repairs and replacements for a specified period. What type of risk management strategy is this company employing?

Answer Options

A. Risk avoidance
Correct Answer B. Risk transfer
C. Risk retention
D. Risk reduction
Correct Answer
B
Correct Option:
Risk transfer

About This Question

This is Post Utme Uniosun 2020 Commerce Question 12. It is one of the objective questions from the 2020 Post Utme Uniosun Commerce examination.

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