Question

Q.40. Transportation removes the hindrance of _________ in trading activities. (1 Point) (a) Place. (b) Risk. (c) Time. (d) Finance.

Answer 1

Answer:

a place

Explanation:

For example, transport removes the hindrances of place by moving goods from the places of production to the markets for sale, storage and warehousing activities removes the hindrance of time by facilitating holding of stocks of goods to be sold as and when required.

Answer 2

Transportation removes the hindrance of place in trading activities.

• Transportation is a very important part of the business. It means the products available to the right consumer at the right is and at the right time.
• For example, a packet of biscuits is made at a factory.
• This packet is required to reach his potential customers. Transportation helps to remove this hindrance by supplying biscuits to various retailers which are present near the residence of the potential customers.