Question

Storage of products in an orderly manner at a place is a very important function of

marketing. It maintains a balance between supply and demand. This function saves

time, effort and money of the consumers. What do you think?
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Answer 1

Yes, storage of products in an orderly manner at a place saves time, effort and money of consumer

Explanation:

• When we go to a place to buy something, we are provided with two types of services

• Either the salesman brings the thing to us or we pick up the goods on our own like grocery stores

• In both cases, if things are stored at a proper place, it becomes easy to find the desired product instead of wasting time searching all over the place for just one product

• This also saves time as you are directed to the exact place where you could find the product

• It also saves energy and hustle that could result if everyone would be just wandering here and there in search of their desired goods

Answer 2

Explanation:

The given statement is true that storage of products in proper place normally called store or warehouse leads to saving in time, effort and money as well.

A store or a warehouse is an area where some material either raw material, finished goods are placed. The main function of a store is to handle all material that is coming in or going out, make records of goods movement, keep a record of the overall stock and manage space efficiently.

In store or warehouse, items are placed in a proper order, each item being tagged and placed in its respective position so that it is easier to trace them.