a. State four functions of warehousing b[¡] State two features of each of the following...

COMMERCE
WAEC 2023

a. Statefour functions of warehousing

b[¡] Statetwo features ofeach of the following retail outlets:

chain stores

b[¡¡] Statetwo features ofeach of the following retail outlets:

mobile shop

b[¡¡¡] Statetwo features ofeach of the following retail outlets:

mail order business

Explanation

a - storage of goods

- protection of goods

- risk bearing

- financing

- processing

- grading and branding

- transportation

b[¡] - Multiple store locations, often spread across different regions or even countries.

- uses a standardized branding and store design across all locations, giving a consistent customer experience.

b[¡¡] - Operates out of a vehicle or a portable structure, allowing it move to different locations.

- Typically focuses on a specific product or niche, such as mobile phones or accessories

b[¡¡¡] - Uses catalaogs, websites, or other printed and digital materials to advertise and sell products to customers

who place orders remotely.

- Often offers a wide range of products to cater to diverse customer needs and preference

.



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