Page 59 - Business Studies
P. 59
Business Studies for Secondary Schools
Revision exercise (a) Warehouse
Choose the correct answer among the (b) Warehousing
given alternatives in questions 1 to (c) Inventorying
5 and write its letter in your exercise (d) Bonded warehouse
book.
FOR ONLINE READING ONLY
5. Mr Zuberi always ensures that,
1. One of the following is considered in the business, goods are always
a warehouse that stores imported sufficient without holding more
goods waiting for customs clearance. or less stock than the required
(a) Public warehouse quantities. This activity done by Mr
(b) Bonded warehouse Zuberi is known as:
(c) Private warehouse (a) stock checking.
(d) Distribution centre (b) issuing of stock.
2. Which of the following is the merit (c) stock administration.
of storing goods in a warehouse? (d) stock calculation.
(a) Compensation for the loss of 6. Evaluate the benefits and drawbacks
goods of using a warehouse.
(b) It is easy for small enterprises to 7. Your friend runs a milk business
invest recently linked to an outbreak of
(c) It enables the preparation of foodborne illness. What do you
goods for sale think is the reason? What should
(d) Facilitate movement of goods he/she do?
from one place to another 8. How can you use inventory
3. ______refers to the whole process of management to improve customer
releasing goods from a warehouse. satisfaction?
(a) Care of stock 9. You are running a small electronics
(b) Issuing of stock shop experiencing frequent inventory
problems. You use a manual system
(c) Placement of stock items to track stock levels. Discuss
(d) Receiving of stock how implementing an inventory
4. ______refers to a set of activities management system with barcode
that involve receiving, storing and scanning technology and integrated
preparing goods for shipment or software can help you to reduce
distribution to traders and customer inventory discrepancies and losses.
53 Student’s Book Form Two
03/10/2024 16:07
Business Studies Form 2.indd 53
Business Studies Form 2.indd 53 03/10/2024 16:07
