Question

Study the following case/situation and express your opinion:

Mr. Raman is a successful manufacturer. He is having production units at various locations. He is having multiple production units, he has a large stock of raw material and finished goods. He is worried about safeguarding goods from any unwanted financial loss. He also requires to transfer raw material and finished goods from one unit to other but does not have any facility for that. He also requires funds for expansion.

1. Name the service which will help him to safeguard goods from any damage.
2. Which service will help him to remove difficulty of place?
3. From which service sector will Mr. Raman get financial support?

Answer 1

1. Insurance service will help him safeguard goods from any financial loss due to damage or risk.
2. Transport service will help him remove the difficulty of place by transferring goods from one unit to another.
3. Banking service will provide him financial support for business expansion.