Business Studies, asked by sunnychaudhary51974, 1 month ago

"godown creates time utility "-discuss. ​

Answers

Answered by Anonymous
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.

Answered by presentmoment
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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