Multiple Choice Questions on The benefits of public warehousing include ........ for Commerce ( 11 and 12th) Preparation

Chapter-4 Business Services

Business Studies(11th)

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    The benefits of public warehousing include __________.

    Control

    Incorrect Answer

    Flexibility

    Correct Answer

    Dealer relationship

    Incorrect Answer

    None of the above

    Incorrect Answer
    Explanation:

    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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