A disadvantages of warehousing is that it_____
Encourage hoarding of goods to create scarcity
Ensure the availability of goods when needed
Helps to protect goods from damages
Ensures availability of storage facility for goods
Correct answer is A
No explanation has been provided for this answer.
The differentiation of a firm's product from other competing goods is__________
Packaging
Labelling
Coding
Branding
Correct answer is B
No explanation has been provided for this answer.
Which of the following activities is not a function of a merchandiser?
Displaying products in the best location
ldentifying potential new accounts
Maintaining and increasing shelf space
Cleaning and displaying of products
Correct answer is B
No explanation has been provided for this answer.
All individuals and units that buy goods for personal use constitute the_______
Industrial market
Consumer market
Government market
Re-seller market
Correct answer is B
No explanation has been provided for this answer.
An example of transportation document that is used or local trade is_______
Waybill
Certificate of origin
Consular invoice
Bill of lading
Correct answer is A
No explanation has been provided for this answer.