Compared to Rail Transportation, One of the Advantages of Shipping

question 120

Multiple Choice

Compared to rail transportation, one of the advantages of shipping by truck is that trucks

• A) are more energy efficient.
• B) can carry a greater volume.
• C) can reach more destinations.
• D) are less expensive.

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Definitions:

Scenario Planning

A strategic planning method used to create and analyze different future scenarios to aid decision-making under uncertainty.

Contingency Planning

The process of preparing for unexpected events by developing strategies to mitigate their potential impact on operations.

Future States

Future States refer to the potential conditions or scenarios that an organization, system, or individual could experience in the future, considering various planning and strategy approaches.

Zero-based Budget

A budgeting technique where all expenses must be justified for each new period, starting from a "zero base," rather than basing budgets on the previous year's expenditures.