Question : Which function of marketing is highlighted in the given statement?
Statement: The need for it rises because there is a time gap between production and consumption of goods.

Option 1: Physical distribution
Option 2: Product designing and development
Option 3: Transportation

Option 4: Storage or warehousing

Question

Question : Which function of marketing is highlighted in the given statement?
Statement: The need for it rises because there is a time gap between production and consumption of goods.

Option 1: Physical distribution

Option 2: Product designing and development

Option 3: Transportation

Option 4: Storage or warehousing

Team Careers360 · Accepted Answer

Correct Answer: Storage or warehousing

Solution : The need for storage and warehousing rises because there is a time gap between production and consumption of goods.This time gap maybe either due to irregular demand or due to irregular supply. The function of storage is performed by different agencies a chese manufacturers, wholesalers and retailers.

Hence, option D is correct.

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Question : Which function of marketing is highlighted in the given statement?
Statement: It involves deciding the distribution of goods and services from place of production to place of consumption.

Question : Which function of marketing is highlighted in the given statement?
Statement:It include managing inventory storage and warehousing and transportation a good from one place to the other.

Question : Which function of marketing is highlighted in the given statement?
Statement: It involves decisions like choice of mode of transportation in other related aspects.

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