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Answer» Godown: 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 warehouse service. Need of a godown: - Generally, after production a product is not immediately sold or consumed and hence it needs to be stored.
- 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 for selling them throught the year.
- 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 do not produce anything but create time utility.
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