Theory question 106
Transportation and Marketing Documents(a) State four functions of Warehousing. (b)(i) Identify three modes of Transportation. (ii) Explain three Transportation documents.
Show the model answer
(a) Any four: safe storage of goods; keeps goods until needed (time utility); helps stabilise prices; allows production ahead of demand; allows grading, packing and branding; holds dutiable goods until duty is paid (bonded); goods can be used as security for loans.
(b)(i) Any three: road; rail; water (sea/inland waterways); air; pipeline.
(b)(ii) Any three, explained: waybill (goes with goods carried by road/rail, describing the goods and receiver); consignment note (filled by the sender when goods are handed to a carrier); bill of lading (issued by a shipping company as receipt and evidence of goods carried by sea, and a document of title); air waybill (for goods carried by air); delivery note (lists goods delivered, signed by the buyer); manifest (list of all cargo on a ship or aircraft).
Give each point as a full sentence, with an example where possible.