Business Studies, asked by feyman673, 1 year ago

Warehousing is one of the important auxiliaries to trade. Explain this statement in about 60 words

Answers

Answered by reha73
2

Answer:

I am not sure if it is wrong

Answered by presentmoment
27

Answer:  

Warehousing is the process of providing storage facilities for goods. It is considered as an important auxiliary to trade as it facilitates business. Storage facilities for agricultural goods help in increasing their shell life and increasing the market base.

Storage facilities at harbors facilitate more cargo handling and thus facilitating international trade. Thus increase in production capacity can be handled at warehouses resulting in more business as stock is available to meet the future demands.

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