English

______ refers to the act of storing and assorting products in order to create time utility in them. - Commerce

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Question

______ refers to the act of storing and assorting products in order to create time utility in them.

Options

  • transportation

  • warehousing

  • order processing

  • grading

MCQ
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Solution

Warehousing refers to the act of storing and assorting products in order to create time utility in them.

Explanation:

Warehousing refers to the act of storing and assorting products in order to create time utility in them. It ensures that goods are available when needed by customers or the business itself.

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Chapter 13: Marketing - Concept and functions - MULTIPLE CHOICE QUESTIONS [Page 410]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 13 Marketing - Concept and functions
MULTIPLE CHOICE QUESTIONS | Q 19. | Page 410
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