WAEC SSCE - Commerce - 1995 (Objective)

Question 1 Report

Which of the following enables production to take place ahead of demand?

Transporting

Advertising

Importing

warehousing

Exporting

Answer Details

The option that enables production to take place ahead of demand is "warehousing". Warehousing is the process of storing goods before they are sold or distributed. By having a warehouse, a company can produce goods in advance and store them until there is a demand for them. This is beneficial for the company because it allows them to take advantage of economies of scale and produce goods in larger quantities, which can result in cost savings. When the demand for the goods increases, the company can quickly access the stored goods from the warehouse and distribute them to the market. This way, the company can meet the demand without any delay in production or shipment. In summary, warehousing enables a company to produce goods ahead of demand and store them until the demand arises, allowing them to fulfill customer needs quickly and efficiently.






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