Get premium membership and access questions with answers, video lessons as well as revision papers.

What are the differences between a public warehouse and private warehouse?

      

Give the differences between a public warehouse and private warehouse.

  

Answers


Maurice
(i) For a public warehouse, insurance is mandatory while for a while a private warehouse, insurance is optional.

(ii) A public warehouse is operated as an independent business while a private warehouse is operated as a department of main business.

(iii) A public warehouse is located at entry point while a private warehouse is located near the premises of owner.

(iv) A public warehouse is large in size while a private warehouse is small in size.

(v) A public warehouse is for hire to members of public while a private warehouse is for exclusive use of owner.
maurice.mutuku answered the question on July 20, 2017 at 06:29


Next: What external business environments may lead to the success of a business?
Previous: What are the guidelines governing the affairs of co-operative societies?

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions