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Warehousing, mining,manufacture,innovation

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Warehousing, mining,manufacture,innovation

Posted by Muskan Gupta 4 years, 4 months ago

CBSE > Class 11 > Business Studies

1 answers

Gaurav Seth 4 years, 4 months ago

Warehousing: It means godowns facilities. There is generally a time lag between the production and consumption of goods. This problem can be solved by storing the goods in warehouses.

Innovation: It means developing new products and their multiple uses. Old customers can be maintained and new can be attracted by innovation only.

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