Which of the following is a benefit of using water transport?

A) It is the fastest way to transport bulky cargo.
B) It is the most convenient way to ship bulky cargo.
C) For shipping bulky cargo, it offers the greatest flexibility.
D) It is the cheapest method for shipping bulky cargo.
E) There is no other way to transport materials from overseas.

Answer: D
Explanation: D) Although water-borne transport is slow, it is also the cheapest method for transporting bulky cargo.

Business

You might also like to view...

Which of the following statements is true regarding a "category killer"?

A) They sell products belonging to multiple categories. B) They deal with companies through intermediaries. C) Smaller retailers posses a significant threat to category killers. D) They are also known as big box retailers.

Business

________ refers to the difficulties experienced by firms as they attempt to meet financial commitments to their creditors

A) Financial distress B) Capital structure C) Capital budgeting D) Working capital management

Business