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Questions
Identify two physical functions of marketing.
Name two physical supply functions of marketing.
Short Answer
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Solution
Two physical functions of marketing are:
- Transportation: This involves the movement of goods from the place of production to the place of consumption. It ensures timely delivery to wholesalers, retailers, or consumers.
- Storage and Warehousing: This refers to holding goods until they are needed for sale. It helps in maintaining a regular supply in the market and protects goods from damage or spoilage.
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