Food corporation of India is a example of
O Bonded Warehouse
O Government Warehouse
Private Warehouse
O Public Warehouse
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Answer:
Food corporation of India is a example of public warehouse.
Explanation:
- A huge warehouse known as a public warehouse lets companies rent space there to store and fulfil their items.
- Typically, space is hired in accordance with the square footage that the product occupies, and the warehouse offers fulfilment services in exchange for a charge.
- You might be able to discover a public warehouse that is closer to your customer base if, for instance, your production plant is far from some or all of your consumers.
- As a result, your products can be supplied to your most valuable clients significantly more quickly and in line with their just-in-time supply chain requirements.Manufacturers and traders possess private warehouses where they hold the products they make or buy until they are completely sold out.
- Government public trusts and other public authorities may possess public warehouses.
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