Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

2001 WAEC Commerce Theory (a) State four factors that would determine the choice of transport by a businessman. (b)...

Commerce
WAEC 2001

(a) State four factors that would determine the choice of transport by a businessman.

(b) State four advantages of :ad transport over rail transport 
 

Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Explanation

(a) Factors that would determine the choice of transport by a businessman are:

(i) Convenience: This depends on his choice in terms of variety and availability where the businessman resides.

(ii) Cost: The businessman may decide Q for the cheaper one.

(iii) Urgency: Where the business is urgently required, then air transit will be chosen.

(iv) Distance: For long distances, air and rail will be considered.

(v) Nature of goods: Perishable goods require quick delivery E and careful handling.

(vi) Customers wish: A customer may prefer a particular mode of transport and therefore give directives.

(vii) Availability: Readily available ones should be chosen instead of one not readily available.

(b) Advantages of road over rail transport are:

(i) It is generally faster than rail and is especially suitable for short distances and for perishable farm products.

(ii) It is flexible; it can provide door to door service while rail transport operate between  terminals.

(iii) It is possible for individuals to own their own vehicles.

(iv) It can move to the interior of the country.

(v) It has no fixed route or timetable unlike rail.

(vi) There are many variety of vehicles unlike the rail.

(vii) Maintenance cost is lower than that of rail.


Report an Error Ask A Question Download App
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

Post your Contribution

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}
 
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now