Question

Hindrances in distribution of goods and elements which overcome these hindrances

Answer 1

Answer:

There are many kinds of hindrances faced while the distribution of goods is made. When a goods supplier or a dealer purchases goods for distributing to other shops, it needs a well maintained go down for storing the products, and no damage to the goods should not happen.

Explanation:

When the goods are distributed among the retailers, they are many times making delay in payments of the money for the goods they purchased.

Answer 2

Distribution of goods and elements:

• The hindrance of a person is the problem of contact between producers and consumers. This hindrance is removed by trade.

• Hindrances of place refer to the ‘problem of the distribution’ of goods at distant places. Transportation removes this hindrance.  

• The ‘hindrance of time’ refers to the problem of the time gap between ‘production and consumption of goods’. This hindrance is solved by warehousing and storage.

• The hindrance of exchange in the ‘goods and services produced’ by the manufacturer is ‘sold to the buyer’ in exchange for money. The ‘medium of exchange’ is circulated by the ‘banking branch of commerce’.

• Hindrance of risk involved in the business. The insurance sector helps in removing the ‘hindrance of risk’ by providing ‘protection and compensation’.  

Explanation:

• The process of trading involves the distribution of goods and there is a number of hindrances faced during the distribution of goods.

• It could include people, time, location, money, quality of goods and number of factors.

• There are many ways and methods of taking care of these hindrances.

Learn more about distribution of goods and elements

Basic requirement for facilitating production and distribution of goods and services for economic development.​

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