Business Studies

Explain the Post Box service provided by Post Office. State any two advantages to the organisation which uses this service.


SOLUTION
The services provided by Post office can be classified into two categories: 
1. Mail services: Register Post, Speed Post, Direct Post etc. 
2. Financial services: E-Money order, Instant Money order, Post office Savings Scheme, Post office life Insurance, Mobile money transfer. 

The advantages for an organisation to use these services are :-
1. Saves time in transfer of important goods.
2. Better investment of finance if invested in such schemes. 
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Subjective Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 198
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Scope of _______ has widened to include disability insurance, health/medical insurance, annuity insurance and life insurance proper.
  • A. Marine insurance
  • B. Life insurance
  • C. Fire insurance
  • D. Motor insurance

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 TRUE/FALSE Medium
State whether the following statement is True or False.
Business letter is the silent salesman.
  • A. True
  • B. False

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
The principle of indemnity does not apply to __________.
  • A. Burglary insurance
  • B. Fire Insurance
  • C. Marine Insurance
  • D. Life and Personal Accident insurance

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
The real determinant of buying in income and saving theory is?
  • A. Purchasing power
  • B. Maximum satisfaction
  • C. Stimulation of want
  • D. Income

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
_____________ services are the services uses used by business enterprises to conduct their activities.
  • A. Business
  • B. Social
  • C. Personal
  • D. All of the above

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer