JB Hunt Transportation Sells Its Delivery Service Across the United

question 32

Multiple Choice

J.B. Hunt Transportation sells its delivery service across the United States. The trucking firm is using IBM-designed on-board computers in its trucks so its drivers can send and receive messages, and store information about their loads, including estimated time of arrival. The system also allows the home office to monitor driving speed and engine information. J.B. Hunt is using technology to:

• A)increase its efficiency.
• B)increase its economies of scale.
• C)decrease its need for credible commitment.
• D)decrease its mutual dependency.
• E)do all of the above

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Definitions:

Joint Ventures

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.

Sole Proprietorships

A type of business entity owned and operated by one individual, without any legal distinction between the owner and the business.

Partnerships

A legal form of business operation between two or more individuals who share management and profits.

Bankruptcy Filing

The legal process undertaken by individuals or businesses that cannot meet their financial obligations, to seek relief from some or all of their debts.