Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th
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Give any three functions of Warehouses. - Commerce

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Short Note

Give any three functions of Warehouses.

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Solution

  1. Storage: The surplus goods are stored properly for the purpose of supplying them at the right place and at the right time.
  2. Price Stabilization: Warehousing ensures price stabilization by supplying goods as and when demanded.
  3. Equalization of Demand and Supply: Warehousing equalizes the demand and supply of goods by storing the goods when they are not demanded and releasing them when they are demanded.
Concept: Functions of Warehouses
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APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 11th Commerce Answers Guide
Chapter 13 Warehousing
Exercise | Q II. 3. | Page 126
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