What Type of Utility Does Warehousing Provide to Consumers by Holding

question 17

Multiple Choice

What type of utility does warehousing provide to consumers by holding onto products until consumers need them?

• A)time
• B)ownership
• C)production
• D)form
• E)packaging

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Definitions:

Workforce

The group of individuals engaged in or available for work, either in a country or a specific company.

Collectively Liable

A situation where all members of a group are equally responsible for the group's obligations or debts.

Industries

Sectors or categories of business activity focused on the production or delivery of goods and services.

Employer-Provided

Services or benefits offered to employees directly by their employer, such as health insurance, retirement plans, or transportation allowances.