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GCE Commerce 1989 Question 92

Question 92

Warehousing

Which of the following is not one of the functions of warehousing?

  1. A.Goods are available where they are required
  2. B.Goods are stored until required
  3. C.Production takes place ahead of demand
  4. D.changes are avoided in prices which may result from shortages and gluts
  5. E.Goods are available when required
Show the answer and explanation

Answer: A (Goods are available where they are required)

Explanation

Warehousing makes goods available when they are needed (time utility); making them available where they are needed is the work of transport.