The benefits of public warehousing include __________.
Flexibility
Correct AnswerDealer relationship
Incorrect AnswerNone of the above
Incorrect AnswerExplanation:
Public warehouses provide a high degree of flexibility to its agents in the following aspects.
• Storage of goods: Goods can be stored as per the convenience and preferred locations of the agents.
• Negligible fixed costs: The agents need to incur only negligible fixed costs to store their goods.
• Safety: Safety is ensured, and the risk of loss by theft is minimal.
• Other benefits: Other benefits include facilities such as packaging and labelling.
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