Morgan Steel Company leases a warehouse in Jacksonville, Alabama to serve Deep South markets that were large enough and stable enough to make a long-term commitment to fixed facilities. This is an example of a:

Question

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A private warehouse is owned or leased by a company for its own use, typically to serve specific markets or regions, as in the case of Morgan Steel Company leasing a warehouse for its Deep South markets.

Morgan Steel Company Leases a Warehouse in Jacksonville, Alabama to Serve