ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The business of transportation is best defined by which of the following:
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Choice of the least expensive mode
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Selection of the fastest mode, regardless of cost
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The use of planes as the preferred mode
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Linking partners and facilities that are separated geographically in a supply chain
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Explanation:
Detailed explanation-1: -The four primary modes of transportation in logistics are shipments by truck, ship, train and plane-also known as road, maritime, rail and air shipments. While each of these modes of transportation has unique benefits, knowing which method is right for your business requires careful consideration.
Detailed explanation-2: -Transportation is a critical element of logistics responsible for the movement of product from one location to another along the supply chain, ranging from beginning to when the product reaches consumers. It is a costly and complex endeavor that has far-reaching impact on business operations and profit margins.
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