Discuss the relationship between transportation strategy and competitive strategy
What will be an ideal response?
Answer: Transportation strategy needs to be aligned with competitive strategy. Managers should ensure that a firm's transportation strategy supports its competitive strategy. They should design functional incentives that help achieve this goal. Historically, the transportation function within firms has been evaluated based on the extent to which it can lower transportation costs. Such a focus leads to decisions that lower transportation costs but hurt the level of responsiveness provided to customers and may raise the firm's total cost.
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Which of the following is a rationale for governments imposing offensive trade and investment barriers?
A) the protection of domestic industries B) the promotion of national security C) the pursuit of public policy objectives D) the support of special interests
Common stockholders usually have more dividend rights than preferred stockholders
Indicate whether the statement is true or false.