Post Utme Uniport 2017 Commerce Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Uniport Commerce examination.

Post Utme Uniport 2017 Commerce Objective / Multiple Choice
Question 40 POST_UTME_UNIPORT • 2017 • COMMERCE • objective

A firm is considering outsourcing its production to a contract manufacturer. The firm's management team has identified several potential benefits associated with outsourcing, including reduced costs and increased flexibility. However, the firm is also concerned about the potential risks associated with outsourcing, including loss of control and intellectual property theft. What type of contract should the firm use to mitigate these risks?

Answer Options

A. Fixed-price contract
B. Cost-plus contract
C. Time-and-materials contract
Correct Answer D. All of the above
Correct Answer
D
Correct Option:
All of the above

About This Question

This is Post Utme Uniport 2017 Commerce Question 40. It is one of the objective questions from the 2017 Post Utme Uniport Commerce examination.

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