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The following definition is: For maintaining a reasonable price level in the market, it is essential for organizations to keep an adequate amount of stock
The following definition is: For maintaining a reasonable price level in the market, it is essential for organizations to keep an adequate amount of stock in the warehouse. Any scarcity in the supply of goods may increase their price in the market. Again, the excess supply may also lead to a fall in the prices of the goods. Effective warehousing enables organizations to maintain a balance in the supply of goods, which further leads to price stabilization. Group of answer choices Seasonal demand Price stabilization Continuous production Large-scale production
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