What would a company most likely consider when deciding between air and water as a mode of overseas transportation?
What will be an ideal response?
Answer: The two biggest factors most companies consider when choosing between air and water for overseas transportation are price and time. While water is the cheapest form of transportation outside of pipelines, it is very slow. Air, on the other hand, though the fastest mode of transportation, is the most expensive.
Explanation: Because water is the cheapest mode of transportation outside of pipelines, it is very attractive to a company's bottom line. It is, however, very slow. Air transport, however, is very fast but very expensive. How quickly the goods need to be delivered and what the cost is to do so, then, are the two biggest factors for companies deciding between the two modes of transportation.
You might also like to view...
Sometimes the personal values of the category of complainers called passives prevent them from complaining about a service even when they should.
Answer the following statement true (T) or false (F)
The following information is available for Superior Company for 2014: Decrease in merchandise inventory .................... $ 20,000 Increase in accounts payable related to inventory .... 50,000 Disbursements for purchases of merchandise ........... 580,000 What amount should Superior report as cost of goods sold for 2014?
a. $510,000 b. $550,000 c. $610,000 d. $650,000
___________ gives intellectual property protection to computer software in the U.S. and the EU.
Fill in the blank(s) with the appropriate word(s).
According to a survey of American Management Association executives, managers are likely to spend about ______% of their time dealing with conflict.
A. 5 B. 15 C. 25 D. 50