ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are some ways you can cut down on transportation cost? (select all that apply)
A
Pick a spot to live close to your job
B
Rent a limousine
C
Charter a helicopter
D
Ride a bike or walk.
Explanation: 

Detailed explanation-1: -Get out the bicycle or go on two feet. Use public transportation. Carpool. Rent or car share. Limit your financing. Compare insurance costs. Don’t speed. Take care of your car. More items

Detailed explanation-2: -Transportation expenses are a subset of travel expenses that refer specifically to the cost of business transportation by car, plane, train, etc. Expenses such as fuel, parking fees, lodging, meals, and telephone charges incurred by employees can be claimed as transportation expenses.

Detailed explanation-3: -Shrinking Your Travel Footprint Of course, walking, biking, or running are the lowest-carbon ways to go from one place to another. But car-sharing can also reduce emissions, as can switching to electric vehicles or public transport.

Detailed explanation-4: -Explore Shipping Consolidation Opportunities. Consider warehousing services. Use Automatic container loading system to Reduce Labour Costs. Use Preventive Maintenance. Focus On Logistics Cost Reduction. Keep Customers Happy. Make Better Uses of Available Storage Space and Increase the Storage Density. More items

Detailed explanation-5: -Carpool. Are there times you could carpool with others to drive less? Combine Trips. When you run errands, think ahead to minimize driving. Walk, Jog or Bike. Drive an Electric Vehicle. Use Fuel-Efficient Vehicles. Take Public Transit. 18-Apr-2018

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