Commerce WASSCE (SC), 2023

Question 3

 

 

  1. State four functions of warehousing.
  2. State two features of each of the following retail outlets:

(i)     chain store;
(ii)   mobile shop;
(iii)  mail order business.

Observation

Most candidates who attempted this question did well.

The expected responses are.

             (a)       Functions of warehousing

  • Provision of security for goods.
  • Provision of storage facilities to prevent damage or deterioration.
  • Provision of facilities for blending, packaging, and branding of goods.
  • Provision of facilities for storing goods so that production can continue.
  • To keep dutiable goods until duty on them is paid.
  • Enhancing stability of prices by making products available all year round.
  • Provision of pest control services.
  • Provision of documentation on goods being stored.
  • It makes provision for stock taking at regular intervals.

                                                                                   
(b)        Features of the following retail outlets

 

  1. Chain store
  • These are stores with many branches.
  • They sell the same line of products.
  • They have one management.
  • Goods bought in one branch could be returned to another branch.
  • They operate similar shop fronts.
  • Staff could be transferred from one branch to another with ease.

                                                                                   

  1. Mobile shop
  • The seller and the goods are mobile.
  • They sell variety of products.
  • The seller can reach many areas that are motorable.
  • They provide convenience for buyers as it makes varieties available in rural settings.
  • They attract customers by playing music, blowing horns and using public address systems.

                                                                                   

  1. Mail order business
  • They rely on the post office and courier service for orders and delivery of goods.
  • Goods are either sold on cash on delivery or cash with order.
  • Orders are placed by customers according to the terms of sale by filling forms.
  • Catalogues are used to show detail description of the goods, sizes and prices.