How does a common carrier differ from a contract carrier?
What will be an ideal response?
Answer: A common carrier has agreed to serve the general public by assuming four specific obligations: to serve, to deliver, to charge reasonable rates, and to avoid discrimination in pricing and service. A contract carrier offers a specialized service to customers on a contractual basis and the contract specifies the compensation to be received, the services to be provided, the type of equipment to be used, among others. Unlike the common carrier, the contract carrier is under no obligation to render services to the general public and only has to serve customers with whom it has contracts.
You might also like to view...
All of the following are examples of quantitative factors except:
A) cost of direct materials B) budget for marketing activities C) product development time D) employee morale
Which of the following is not one of the external influences and changing expectations that have influenced psychological contracts in the last decade?
a. rapid rate of change in the business environment b. global economy c. more uncertainty and decreased job security for workers d. more full-time jobs and core employees and less contingent and temporary employment for peripheral employees e. changing economic conditions