Transport Management - Qp1
10 Questions
| Attempts: 204
Questions and Answers
- 1.We can argue that transport presents a single problem in the sense that public control over one agency inevitably has repercussions on the other agencies.
- A.
True
- B.
False
- 2.If transport services are a multiple homogeneous unit, we would still need to ensure that there was no uneven allocation of resources between transport and the other sectors of the economy.
- A.
True
- B.
False
- 3.The closer the available substitutes are, the more elastic the supply for the service is.
- A.
True
- B.
False
- 4.Storage of goods allows the goods to be held until they may be required.
- A.
True
- B.
False
- 5.______ assumes that there is an opportunity to select production and consumption times, and that natural conditions do not impose any restrictions on either.
- A.
Natural conditions
- B.
Convenience
- C.
National policy
- 6.People will seek transport services without some economic, social or political need, and those concerned are willing to bear the cost of such a service.
- A.
True
- B.
False
- 7.Transport characteristics of goods may be classified as: (Select four)
- A.
The inherent physical properties or quantities
- B.
Liquid, solid or gas
- C.
Animate or inanimate
- D.
Destructible or indestructible
- E.
Hazardous or non-hazardous
- 8.The method of packing goods for transport is of great significance and we can classify them into three broad classes.
- A.
True
- B.
False
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