Post Utme Unn 2020 Commerce Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Unn Commerce examination.

Post Utme Unn 2020 Commerce Objective / Multiple Choice
Question 34 POST_UTME_UNN • 2020 • COMMERCE • objective

A company is experiencing difficulties in managing its inventory. The company's inventory levels are high, and the company is experiencing stockouts. The company's management has identified the following inventory management problems: (i) high inventory levels, (ii) stockouts, (iii) slow inventory turnover, and (iv) high inventory costs. What is the most appropriate action for the company to take?

Answer Options

A. Implement a just-in-time inventory system
B. Use a computerized inventory management system
Correct Answer C. Reduce inventory levels
D. Increase inventory levels
Correct Answer
C
Correct Option:
Reduce inventory levels

About This Question

This is Post Utme Unn 2020 Commerce Question 34. It is one of the objective questions from the 2020 Post Utme Unn Commerce examination.

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