Question
Highlight four ways in which warehousing is useful to trader.
Answer
- Steady supply of goods
- Stability of prices
- Protection of goods from theft and damage
- Meeting unexpected demand
- Ensures continuous production
- Preparation of goods for sale
- Enable owner to look for market
- Goods can improve in quality
- Encourages specialization
- Stability of prices
- Protection of goods from theft and damage
- Meeting unexpected demand
- Ensures continuous production
- Preparation of goods for sale
- Enable owner to look for market
- Goods can improve in quality
- Encourages specialization
Related Topics