Railways Are a Low-Cost, Lower-Speed Mode of Transportation, and Mobility

question 74

True/False

Railways are a low-cost, lower-speed mode of transportation, and mobility is restricted to designated areas for freight handling.

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Definitions:

Laissez-Faire Management

A hands-off management style where employees are given autonomy in their tasks and decision-making, with minimal direct supervision from managers.

Transformational Management

A leadership approach that seeks to inspire and motivate employees to achieve extraordinary outcomes by focusing on shared values, employee needs, and personal development.

Organization's Vision

An aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future, serving as a guide for choosing current and future courses of action.

Long-Term State

A sustained condition or situation over an extended period, often used in the context of planning, investment, or health and wellbeing.