“Godown creates time utillity” – Discuss.

1.	“Godown creates time utillity” – Discuss.
Answer» A godown is a place for storing large amount of products before sending them to the market for selling. The service of storing the products is called godown service or ware house service. Generally, after production a product is not immediately sold or consumed. On many occasions raw material or partly produced products also need to be stored for further processes. Some food items may be produced only during a specific season of the year but would require its storage. Some goods may be produced and stored in godowns but would be sold when the demand arises. Perishable goods like fruits, ice-cream, etc. need proper storage so that they can be distributed and sold as and when needed. Thus, godowns create time utility.

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