Public warehousing - SS1 Commerce Past Questions and Answers - page 1
What is public warehousing?
Warehousing owned and operated by the government
Warehousing owned and operated by private companies
Warehousing owned and operated by international organizations
What is a key advantage of public warehousing?
Long-term commitments for storage space
Flexibility in adjusting storage capacity
Exclusive storage facilities for individual businesses
Which of the following services are typically offered by public warehouses?
Customized packaging and labeling
Manufacturing of goods
Direct sales to consumers
How does public warehousing contribute to cost-effectiveness?
It requires significant capital investments for building private warehouses
It offers shared resources and reduces overhead costs
It provides exclusive storage facilities for individual businesses
Who owns and operates public warehouses?
State government
International organizations
Private companies
What is the main advantage of public warehousing?