EBK MINDTAPV2.0 CONTEMPORARY MARKETING,
17th Edition
ISBN: 9781337091022
Author: Kurtz
Publisher: VST
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Chapter 14, Problem 8ALR
Summary Introduction
To identify: The mode of transport that are probably selected for the following goods.
Transportation helps the marketers in moving goods from one place to another to make the products reach the final customer. The 5 major transports are pipelines, motor carriers, railroads, air freight, and water carriers.
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Which mode of transport would probably be most appropriate for the following goods?a. diesel fuelb. chain-link fencingc. locally grown peachesd. automobiles made in South Koreae. T-shirts manufactured in Guatemalaf. grain grown in North Dakota
1. Read each of the following statements and determine which method of transportation is the best option. Provide a reason for your choice.
Oil shipping from an oil field in Oklahoma to a refinery in Houston, Texas. a. b. Corn transported from a farm to a local grain elevator. C. Farm equipment manufactured in Canada transported to a warehouse in Wisconsin. d. Cut flowers sent from Hawaii to California.
T F A letter of credit is issued by the transport carrierto the exporter to prove that merchandise hasbeen shipped.
Chapter 14 Solutions
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- 2. Evaluate the trade/logistics risks related to land transport routes, channels, and modes.arrow_forward1. The role of the government in the transport market is to supply the transport services as required. True/False 2. Transport is viewed as derived demand. Derived demand in this context means which one of the following? a. Transport demand takes place over space and time. b. A nation’s ability and willingness to provide an adequate transport infrastructure. c. The demand for transport services is determined by the demand to transport goods and passengers from one place to another. d. An individual’s ability and willingness to buy transport services. 3. Inelastic demand means there is a substantial change in quantity demanded when another economic factor changes (typically the price of the good or service). True/False 4. Direct costs incurred by the users and operators of transport services are also known as external costs. True/Falsearrow_forwardWhich of the following is not an external player connected to the Logistics Information System? Lütfen birini seçin: O a. Transporters O b. Purchasing department O c. Sellers O d. Customers O e. Supply chain partnersarrow_forward
- 42) The General Agreement on trade in Services (GATS) defines trade in service as the supply of a service through which of the following? a) Consumption abroad b) Cross border supply C) Both A and B d) Neither A and Barrow_forwardQ)Arslan is an exporter and producer of cutlery products. For the last few years, he is facing problems in his business. After a detailed investigation, he realized that he has severe problems in his organizational supply chain management system. One of the major problems identified is that he can’t measure the supply chain management system's performance properly. He wants to improve the supply chain management system and want to develop an effective model to measure the performance supply chain management system. Being an expert in the supply chain suggests a standardized modelto measure the performance properly.arrow_forwardAir cargo is often perceived as overnight air cargo. Explain the other variations of air cargo? How does it work and what companies might benefit from different variations of air cargo?arrow_forward
- Top 10 freight forwarders in the world and largest Marine ports in the world 2020arrow_forward104) Cross-Border Supply refers to trade in services where: a) the service crosses a border, but the producer and consumer do not. b) the producer travels to the consumer location to deliver the service c) The consumer travels to the producer’s location to consume the service d) Both B and Carrow_forwardWhat are the specific services a freight forwarder provides?arrow_forward
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