"godown creates time utility "-discuss.
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11
Answer:
A warehouse creates time utility by bringing the time gap between the production and consumption of goods. It helps in making available the goods whenever required or demanded by the customers.
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2
"Godown creates time utility".
Explanation:
- Godown is a service where products are stored.
- While storing the product quality of the product is maintained so that minimum changes occur in the quality.
- Some goods have only seasonal demand but their production takes place throughout the year so that they can be supplied as when demanded.
- Such goods are stored in the godown.
- It only guarantees to compensate for the loss.
- This creates time utility of goods as they can be supplied at any time from the godown.
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