alleryWhich of the following is a function of warehousing?
ASelecting employees (typical)
BLending money (typical) (typical)
CSetting prices (typical) (typical)
DRisk bearing through preservation
Answer & Solution
Correct answer: D. Risk bearing through preservation
1. Warehousing stores goods between production and consumption.
2. By preserving goods it bears risks of damage, theft and obsolescence.
3. Lending money is banking; pricing is marketing; selection is staffing.
4. Hence (A) is warehousing's core function.
_Source: Maharashtra Balbharati Std XII OCM, Ch 5 "Business Services", §5.3 ¶§5.3_
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