Question

A ______ is an establishment for storage or accumulation of goods.

Options

• Bank

• Warehouse

• Capital market

• E-commerce platform

Answer 1

A warehouse is an establishment for storage or accumulation of goods.

Explanation:

Storage is the process of holding and preserving goods from the time they are produced until they are needed for consumption or use. A warehouse is an establishment for the storage or accumulation of goods. It is a place where goods are stored and preserved until they are sold. Warehousing may be defined as the assumption of responsibility for the storage of goods. It is an important function of business and warehouses render very useful services to the business community.