Post Utme Veritas University 2025 Commerce Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2025 Commerce Objective / Multiple Choice
Question 21 POST_UTME_VERITAS_UNIVERSITY • 2025 • COMMERCE • objective

A firm specializes in producing a single product, which is a type of electronic device. The production process involves several stages, including design, prototyping, and manufacturing. If the firm decides to outsource the design stage to a third-party vendor, what type of risk is the firm taking on?

Answer Options

A. Operational risk
Correct Answer B. Strategic risk
C. Financial risk
D. Reputational risk
Correct Answer
B
Correct Option:
Strategic risk

About This Question

This is Post Utme Veritas University 2025 Commerce Question 21. It is one of the objective questions from the 2025 Post Utme Veritas University Commerce examination.

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