the production of goods in anticipation for demand is made possible by?

Assessment: WAEC SSCE - Commerce - 2016 (Objective) Subject: Commerce

Question 1 Report

the production of goods in anticipation for demand is made possible by?

Answer Details
The production of goods in anticipation for demand is made possible by warehousing. Warehousing is the process of storing goods until they are needed or ready to be shipped to customers. By having a warehouse to store goods, companies can produce items in advance and keep them in storage until they are needed. This allows companies to be prepared for future demand, as they can quickly ship out the goods that have been stored in the warehouse as soon as customers start placing orders. Additionally, warehousing can also help to reduce costs by allowing companies to buy raw materials in bulk and store them until they are needed for production.

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