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Mariana [72]
2 years ago
8

What are the factors that a business must consider in choosing a method of transporting goods?

Business
1 answer:
tankabanditka [31]2 years ago
7 0
Before a business selects the process of transporting their goods, they need to consider some important steps in the transportation process. How long will the items take to reach their destination? How soon would the supplier need the product once they are produced? Which option would be the quickest? Safest? Businesses should also consider the self-life of their product. Is the item perishable? What is the weight of the item/s being transported?
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Operating Activities include cash generated from operations, Interest Paid and Tax Paid.

Investing Activities include payment to acquire or proceeds from sale of property, plant and equipment, proceeds from government grants, interest and dividend received.

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Instrumentality relates to the belief that performance will achieve the required results and yield certain rewards.

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