A warehouse owned and operated by a company for its own is a_______

Assessment: WAEC SSCE - Marketing - 2020 (Objective) Subject: Marketing

Question 1 Report

A warehouse owned and operated by a company for its own is a_______

Answer Details
A warehouse owned and operated by a company for its own use is called a private warehouse. Private warehouses are facilities owned by a company that are used to store their own goods and products, rather than being available to the general public for storage. These warehouses are often located on company-owned property, and they are used to store finished products, raw materials, and other goods that the company uses in its operations. The company has complete control over the operation of the warehouse and can use it as it sees fit, without having to worry about accommodating the needs of other customers. In summary, private warehouses are exclusive storage facilities owned and managed by a company for its own use, and they are not available for use by other businesses or the general public.

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