1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kay [80]
3 years ago
13

Technology often offers the potential of improving efficiency and effectiveness of trans-portation companies, but water carriers

do not appear to have applied much new tech-nology to improve their service. What impediments slow technological progress in the water carrier industry?
Business
1 answer:
mestny [16]3 years ago
5 0

Answer:

Water freight is a very important method of transportation and is the second cheapest (railroad is the cheapest). Huge volumes can be shipped at relatively low prices which is extremely important for raw materials and commodities.

The problem with water freight is that it is relatively slow though. Another problem that water freight faces is that it is cheap for medium and long distances, but uneconomical for short ones.

A great impediment for the technological progress of water freight is that most ports are obsolete and have not been updated in many years. Updating them is very expensive and many of them are public ports which doesn't help either.

Most new carrier ships (which are very high tech) are probably too big to fit into most US ports, so even if a carrier company invests huge amounts of money in them, where will they them? Technological progress must start with the ports, then water carriers should improve.

Another problem is that regulation is very loose in the US, especially regarding maritime ports.

You might be interested in
How many pounds of garbage does the average american produce each day
Maslowich

Answer:

5.91 pounds of trash a day

Explanation:

yes

4 0
3 years ago
Read 2 more answers
The income statement of Benning Co. for the month of July shows net income of $1,400 based on Service Revenue $5,500, Wages Expe
Rom4ik [11]

Answer:

Net Income = $1,250

Explanation:

Benning Co.

Income Statement

For the Month Ended July 31, 2010

Particulars                             $                     $

Revenues                                                6,000 (1)

Expenses:

Wages Expense               2,600 (2)

Supplies Expense            1,000 (3)

Utilities Expense                600

Insurance Expense            400

Depreciation Expense       150

<em>Total expenses                                 </em><u><em>      4,750   </em></u>

Net Income                                            $1,250

<u><em>Note:</em></u>

1. Revenues = 5,500 + 500 (Adjustment 5) = $6,000

Performed services not recorded will add.

2. Wages expense = $2,300 + 300 (Adjustment 3) = $2,600

Accrued wages not paid will add to the wages expense.

3. Supplies Expense = $1,200 - 200 (Adjustment 2) = $1,000

Supplies expense includes supplies on hand will decrease the supplies expense.

3 0
3 years ago
When goods are produced at the lowest possible cost, an economy is said to have achieved:?
kondor19780726 [428]
When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency
4 0
3 years ago
I................................
asambeis [7]

Answer:

u..............................

6 0
2 years ago
Master Production Scheduling is a process that brings all the demand and supply plans for the business (sales, marketing, develo
kow [346]

Answer:

False

Explanation:

Master Production Schedule, is used to determine when the materials will be used to produce an item.

Master Production Schedule (MPS) gives a formal detail of the production plan and converts this plan into specific material and capacity requirements. The requirements with respect to labor, material and equipment are then assessed.

Master production scheduling helps keep customer delivery promises through delivering in a timely and cost-effective manner.

5 0
3 years ago
Other questions:
  • Eloise, an engineer for an oil company, is interested in working overseas at this stage of her life because she knows that forei
    14·1 answer
  • The journal entry to record a return of merchandise purchased on account under a periodic inventory system would be
    6·1 answer
  • The ratios that are used to determine a company's short-term debt paying ability are
    11·1 answer
  • Revenues are ______. earned by selling goods or services to customers the amount of cash a company has left after it has paid it
    9·1 answer
  • Relatively high paid workers are reluctant to shirk because
    5·1 answer
  • Senator Brown wants to increase taxes on people with high incomes and use the money to help the poor. Senator Johnson argues tha
    12·1 answer
  • A firm facing a price of $10 in a perfectly competitive market decides to produce 100 widgets. If its marginal cost of producing
    14·1 answer
  • Ivan and Olga own a duplex. They collect the rents and make repairs to the property when necessary. That is, they are active par
    14·1 answer
  • To achieve organizational goals in large, complex organizations, which components must function together
    14·1 answer
  • According to the growth-share matrix, __________ are high-share, high-growth products. when the market growth slows these produc
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!