Question

Warehousing is one of the important auxiliaries to trade. Explain this statement

Answer 1

EXPLANATION:

• Warehousing is used for storing goods by the business firms and they help in the easy process of availability of goods when they are required.  

• The continuous supply of goods helps to maintain the prices at reasonable levels.

• The business enterprises require a storing facility for keeping the goods after they are manufactured or produced.  

• They are kept in stock and are made available when they are required.  

• They help to maintain the price levels which are necessary for facilitating the auxiliaries of trading.

Answer 2

Warehouse is plays an important role in the service sectors and hence it benefits the business and trade.

Explanation:

• The auxiliaries to trade include those activities that lead to the facilitation of business.

• They include transportation, banking, and finance, etc. Warehousing is a building that is a place for the storage of goods.  

• It includes manufacturing, exports, and imports to businesses and clients. The warehouse is designed for the loading and unloading of the goods and services from the railways, airports, and seaports.

• The warehouses can be of many types as retail warehouses, cold storage warehouses, and packaging warehouses.

Learn more about the Warehousing is one of the important auxiliaries to trade.

• brainly.in/question/12536297 answered by mindfulmaisel.