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 Form 3 business studies revision questions and answers set 4

Explain five ways in which warehousing facilitate trade.

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Answer Text:
-Goods are stored in the warehouse until there is demand for them
-Goods are stored in the warehouse awaiting for the owner to look market
-some goods are improved in quality while
in the warehouse e.g. tobacco
-Raw materials are stored to ensure continuous production
-Goods stored in the warehouse ensures that there is no shortage in the market