Post Utme Veritas University 2023 Commerce Question 7

Practice objective / multiple choice question 7 from the 2023 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2023 Commerce Objective / Multiple Choice
Question 7 POST_UTME_VERITAS_UNIVERSITY • 2023 • COMMERCE • objective

A firm is considering the use of just-in-time (JIT) inventory management system. What is the primary benefit of JIT?

Answer Options

A. Reduced inventory costs
B. Improved product quality
C. Enhanced customer service
Correct Answer D. Increased production efficiency
Correct Answer
D
Correct Option:
Increased production efficiency

About This Question

This is Post Utme Veritas University 2023 Commerce Question 7. It is one of the objective questions from the 2023 Post Utme Veritas University Commerce examination.

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