________ Are the Slowest and the Cheapest Mode of Transportation

question 429

Multiple Choice

________ are the slowest and the cheapest mode of transportation.

• A) Railroads
• B) Planes
• C) Pipelines
• D) Water carriers

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Definitions:

Start-Up Process

The sequence of steps that an entrepreneur takes to establish a new business, including idea generation, market research, business model development, and securing funding.

Entrepreneurship

The process of identifying opportunities for which marketable needs exist and assuming the risk of creating an organization to satisfy them.

Customer Base

Refers to the group of customers who repeatedly purchase the goods or services of a business.

Environmental Forces

External factors that influence a business's operations and decision-making, including economic, political, regulatory, technological, and social factors.