What are the benefits of warehousing to a business?

      

Explain the benefits of warehousing to a business.

  

Answers


Maurice
(i) Enables the business to look for market.

(ii) Regulating the supply of goods in the market.

(iii) Goods are secured or safe.

(iv) Stabilizing prices.

(v) Meeting unexpected demand.
maurice.mutuku answered the question on July 8, 2017 at 08:16


Next: What are the assumptions associated with perfect competition?
Previous: As business expands, it experiences economies of scale such as division of labour and specialization. What are the benefits of the economy of scale mentioned?

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions