Question

Study the following case/situation and express your opinion.

Mr Sharan 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 transferring raw material and finished goods from one unit to another but does not have any facility for that. He also requires funds for expansion.

i) Name the service which will help him to safeguard goods from any damage?.

ii) Which service will help him to remove the difficulty of the place?

iii) From which service sector will he get financial support?

Answer 1

1. Warehousing is the service that helps Mr Sharan to safeguard his goods from any damage.
2. Transport service will help Mr Sharan to remove the difficulty of the place.
3. Mr Sharan will get financial support from the Banking sector.