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Kay [80]
2 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]2 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.

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Sergio039 [100]

Answer: option E -Corporation

Explanation:

Corporation is the most effective form of business organization for raising capital

6 0
3 years ago
During the 1990s, one of the dominant firms in the U.S. cigarette industry would raise prices once or twice a year by about 50 c
Veronika [31]

Answer:

This is an example of price leadership.

Explanation:

Price leadership is a type of practice where a firm, most likely a dominant one, sets the price and other firms follow it. It is commonly seen in an oligopoly market.  

In an oligopoly market, there are a few firms, these firms are interdependent. A price change by one firm affects its rivals.

Price leadership is of different types.

  • Barometric
  • Collusive
  • Dominant

So when a dominant firm changes its price, the followers have to follow it if we they want to retain their market share.

8 0
3 years ago
Suppose your college or organization is considering a new project to develop an information system that would allow all employee
Varvara68 [4.7K]

Answer:

The description of the given question is explained below in the explanation portion.

Explanation:

Risk 1: <u>New customer</u>

  • Our advantage comes from developing strong client relationships, that also typically lead to other initiatives with this client.

Risk 2: <u>Poor cost estimate</u>

  • It's always research linked towards the building of educational business process, therefore a complicated project consisting of several components including students, instructional personnel, and clients.

Risk 3: <u>Difficult to maintain</u>

  • Throughout the long term, disproportionately numerous people will be able to use that same technology in some of these circumstances.
8 0
2 years ago
The maintenance expenses on a rental house you own average $200 a month. The house cost $219,000 when you purchased it four year
Serhud [2]

Answer:

value we place on this house when analyzing the option of using it as a professional office is $225000

Explanation:

Given data

house cost 4 year ago  = $219,000

house valued = $239,000

real estate fees = $14000

property taxes = $4,000

to find out

What value should you place on this house

solution

we know if we sell house we should pay real estate fee

so we get need money to place is present cost - real estate fees

so cost will be

cost = house valued  - real estate fees

cost = 239000 - 14000

cost = 225,000

so value we place on this house when analyzing the option of using it as a professional office is $225000

0 0
3 years ago
Applicants should wear clothes that express their personality to an interviewer. <br> True / False.
ad-work [718]

Answer:

False

Explanation:

Applicants should at all times dress professionally for/to an interview.

6 0
3 years ago
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