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Discuss the functions of warehousing in modern business.

Discuss the functions of warehousing in | Class 11 Business Studies Chapter Business Services, Business Services NCERT Solutions

Welcome to the NCERT Solutions for Class 11 Business Studies - Chapter Business Services. This page offers a step-by-step solution to the specific question from Exercise 3: Extra Questions, Question 8: . With detailed answers and explanations for each chapter, students can strengthen their understanding and prepare confidently for exams. Ideal for CBSE and other board students, this resource will simplify your study experience.

Question 8:

Discuss the functions of warehousing in modern business.

Answer:

Warehousing is a vital part of the supply chain. Its functions include:

Storage: Goods are stored until they are required.
Consolidation: Products from multiple sources are grouped together for bulk delivery.
Break bulk: Large consignments are divided into smaller packages for distribution.
Value-added services: Warehouses often handle labeling, sorting, and repackaging.
Price stabilization: Warehousing helps balance supply and demand, stabilizing prices.
Efficient logistics: It reduces transportation costs by acting as a central hub.

Other Questions of Chapter Business Services

Describe various types of insurance and examine the nature of risks protected by each type of insurance.

List the principles of insurance.

Explain the role and services offered by the Indian Postal Department.

Explain in detail the warehousing services.

Explain briefly the principles of insurance with suitable examples.

Explain the functions of commercial banks.

What is e-banking. What are the advantages of e-banking?

Write a detailed note on various facilities offered by Indian Postal Department.

Explain warehousing and its functions.

Write a note on various telecom services available for enhancing business.

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Recently Viewed Questions of Class 11 Business Studies

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Study Tips for Answering NCERT Questions:

NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:

Read the question carefully and focus on the core concept being asked.
Reference examples and data from the chapter when answering questions about Business Services.
Review previous year question papers to get an idea of how such questions may be framed in exams.
Practice answering questions within the time limit to improve your speed and accuracy.
Discuss your answers with your teachers or peers to get feedback and improve your understanding.

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