Economy, asked by shafi91, 1 year ago

why do the movements of goods and services from one place to another require fast the efficient means of Transport . explain with examples
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Answers

Answered by writersparadise
13

Trade or business is extremely competitive and it is imperative that goods that are ordered by customer, reach the customer on time and as promised. Options are many to the customer, who are free to move to the next supplier of goods or services. Hence a fast and efficient mode of delivery (transport) is required.

Example

Some industries and traders stock goods based on Just-In-Time (JIT) concept. It is crucial that they get stocks when required – not before, not after, the promised date. To meet the JIT demand, a robust and efficient transport system is required

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