Warehousing function of commerce removes the hindrance of………
(a) Person
(b) Place
(c) Risk
(d) Time
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Time
Warehouse function of commerce removes the hindrance of Time
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Answer:
(d) Time
Warehousing function of commerce removes the hindrance of Time.
Explanation:
Warehousing function of commerce removes the hindrance of Time:
- By keeping inventories of goods to be sold as and when needed, warehousing activities eliminate the delay caused by time. Additionally, it aids commercial organizations in resolving their storage issues and guards against product loss or damage. Organizations for business view warehouses as a crucial component in the storage of goods.
- Time is no longer an obstacle thanks to the warehousing function of commerce. Time barrier: The warehousing facility, which enables the storage of goods until they are required in the market, helps commerce remove the time barrier.
- Warehousing By making it possible to hold inventories of goods to be sold as and when needed, storage and warehousing operations remove the burden of time.
- By storing goods in a way that prevents loss or damage and makes them more readily available when needed, warehousing aids business organizations in overcoming this challenge. Time-related issues include the issue of a lag between the production of goods and their consumption. Storage or warehousing can remove this obstruction. Storage and warehousing make it easier to hold onto inventory until a product is consumed or sold.
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