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
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.
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.
Question : It fills the gap by carrying goods from place of production to place of consumption. Which function of marketing is highlighted in the given statement?
Question : Which function of marketing is highlighted in the given statement? Statement: It fills this place by carrying good from place of production to place of consumption.
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