Post Utme Unn 2024 Commerce Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Unn Commerce examination.

Post Utme Unn 2024 Commerce Objective / Multiple Choice
Question 40 POST_UTME_UNN • 2024 • COMMERCE • objective

A company is considering outsourcing some of its production activities to a foreign supplier. The company's management team has identified several potential suppliers, but they are unsure which one to choose. What is the most appropriate method for the company to use to make this decision?

Answer Options

Correct Answer A. The company should conduct a cost-benefit analysis to compare the costs and benefits of each supplier.
B. The company should conduct a SWOT analysis to identify the strengths, weaknesses, opportunities, and threats of each supplier.
C. The company should conduct a market research study to gather data on the demand for the company's products in each supplier's country.
D. The company should conduct a feasibility study to determine whether each supplier is feasible for the company's operations.
Correct Answer
A
Correct Option:
The company should conduct a cost-benefit analysis to compare the costs and benefits of each supplier.

About This Question

This is Post Utme Unn 2024 Commerce Question 40. It is one of the objective questions from the 2024 Post Utme Unn Commerce examination.

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