Which of the following functions is not perform... - JAMB Commerce 2018 Question
Which of the following functions is not performed by warehousing?
A
Stabilization of price
B
production ahead of demand
C
creating scarcity of goods
D
storage of goods
correct option: c
Functions of Warehousing include:
Storage: This is the basic function of warehousing.
Price Stabilization: Warehouses play an important role in the process of price stabilization.
Grading and Packing
Regular production
Time utility
Store of surplus goods
Etc.
Grading and Packing
Regular production
Time utility
Store of surplus goods
Etc.
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