Post Utme Unn 2020 Commerce Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Unn Commerce examination.

Post Utme Unn 2020 Commerce Objective / Multiple Choice
Question 33 POST_UTME_UNN • 2020 • COMMERCE • objective

A company is considering the introduction of a new business unit. The company's management has identified a potential market opportunity in the production of a new product. The product's demand is expected to be high, and the company's production costs are expected to be low. However, the company's management is concerned about the potential risks associated with the new business unit. What is the most appropriate action for the company to take?

Answer Options

A. Establish a new business unit
B. Conduct a market research study
Correct Answer C. Develop a business plan
D. Seek advice from a business consultant
Correct Answer
C
Correct Option:
Develop a business plan

About This Question

This is Post Utme Unn 2020 Commerce Question 33. It is one of the objective questions from the 2020 Post Utme Unn Commerce examination.

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