Transport Management - Qp1

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| By Jackson Matthews
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Jackson Matthews
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| Attempts: 356
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  • 1/10 Questions

    Storage of goods allows the goods to be held until they may be required.

    • True
    • False
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About This Quiz

This quiz, titled 'Transport Management - QP1', assesses understanding of transport economics and logistics. It covers the impact of public control on transport agencies, resource allocation, elasticity of supply, and the strategic role of storage in transport management.

Transportation Quizzes & Trivia

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  • 2. 

    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.

    • True

    • False

    Correct Answer
    A. True
    Explanation
    This statement suggests that public control over one transportation agency will have an impact on other transportation agencies. This implies that the different transportation agencies are interconnected and their operations are influenced by each other. Therefore, the statement is true.

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  • 3. 

    Transport characteristics of goods may be classified as:  (Select four)

    • The inherent physical properties or quantities

    • Liquid, solid or gas

    • Animate or inanimate

    • Destructible or indestructible

    • Hazardous or non-hazardous

    Correct Answer(s)
    A. Liquid, solid or gas
    A. Animate or inanimate
    A. Destructible or indestructible
    A. Hazardous or non-hazardous
    Explanation
    The transport characteristics of goods can be classified based on their physical properties or quantities, such as whether they are in liquid, solid, or gas form. Additionally, goods can be classified as animate or inanimate, depending on whether they are living organisms or not. They can also be categorized as destructible or indestructible, depending on their susceptibility to damage during transportation. Lastly, goods can be classified as hazardous or non-hazardous, based on their potential to cause harm or danger during transport.

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  • 4. 

    ______ assumes that there is an opportunity to select production and consumption times, and that natural conditions do not impose any restrictions on either.

    • Natural conditions

    • Convenience

    • National policy

    Correct Answer
    A. Convenience
    Explanation
    Convenience assumes that there is flexibility in selecting production and consumption times, without any restrictions imposed by natural conditions. This means that the production and consumption activities can be scheduled at the most convenient times for the individuals or businesses involved, allowing for greater efficiency and convenience in the overall process.

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  • 5. 

    The method of packing goods for transport is of great significance and we can classify them into three broad classes.

    • True

    • False

    Correct Answer
    A. False
    Explanation
    The statement suggests that there are three broad classes for classifying the method of packing goods for transport. However, the correct answer is false because the statement does not provide any information about the number of classes for classification. Therefore, it cannot be concluded that there are three broad classes for classifying the method of packing goods for transport.

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  • 6. 

    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.

    • True

    • False

    Correct Answer
    A. False
    Explanation
    The statement suggests that even if transport services are considered as a multiple homogeneous unit, it is still necessary to ensure that resources are allocated evenly between transport and other sectors of the economy. However, the correct answer is False, indicating that this statement is incorrect. Therefore, it implies that there is no need to ensure an equal allocation of resources between transport and other sectors, even if transport services are considered as a multiple homogeneous unit.

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  • 7. 

    The closer the available substitutes are, the more elastic the supply for the service is.

    • True

    • False

    Correct Answer
    A. False
    Explanation
    The statement is false because the elasticity of supply for a service is not determined by the availability of substitutes, but rather by the ability of suppliers to easily adjust the quantity of the service they provide in response to changes in price. The availability of substitutes may affect the demand for a service, but it does not directly impact the supply side.

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  • 8. 

    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.

    • True

    • False

    Correct Answer
    A. False
    Explanation
    The statement suggests that people will seek transport services even without any economic, social, or political need, and they are willing to bear the cost of such a service. However, this statement is false. Generally, people seek transport services when they have a specific need or purpose, such as commuting to work, traveling to a destination, or fulfilling social obligations. Without any need or purpose, people are unlikely to seek transport services and bear the associated costs.

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  • Current Version
  • Mar 14, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • May 22, 2014
    Quiz Created by
    Jackson Matthews
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