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State True or False. Warehousing removes the difficulty of time. - Organisation of Commerce and Management

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Question

State True or False.

Warehousing removes the difficulty of time.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is True.

Explanation:

Certain goods are produced throughout the year but consumed only in a particular part of the year and vice versa. In the era of mass production, storage is indispensable. The goods should be stored carefully from the time they are produced till the time they are sold. Considering all these things, we can say that warehousing eliminates the problem of time.

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Chapter 1: Introduction of Commerce and Business - EXERCISE [Page 17]

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Balbharati Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
Chapter 1 Introduction of Commerce and Business
EXERCISE | Q 1. D) 5) | Page 17
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