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Kartik, has to bear the losses in his business as he could not achieve the target of completing his order of supplying 500 goods to his customer because the supplied goods were damaged in the transit. Which of the following factor is responsible for the loss borne by Kartik?
  • a)
    Technological factors 
  • b)
    Physical factors
  • c)
    Human factors
  • d)
    External factors
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Kartik, has to bear the losses in his business as he could not achieve...
Explanation:
The factor responsible for the loss borne by Kartik is Physical factors. Here's why:
1. Definition of Physical factors:
Physical factors refer to the tangible elements or conditions that directly affect the outcome of a situation. In this case, the physical factor is the damage caused to the goods during transit.
2. Goods damaged in transit:
The supplied goods were damaged during transportation, which means they were physically affected. This physical damage led to the inability to complete the order of supplying 500 goods to the customer.
3. Impact on business:
As a result of the damaged goods, Kartik could not achieve his target, which resulted in losses for his business. The damaged goods cannot be sold or used, leading to financial setbacks.
4. Other factors:
While other factors like technological, human, and external factors may contribute to the overall business environment, in this specific scenario, the primary factor leading to the loss is the physical damage to the goods.
In conclusion, the loss borne by Kartik is due to the physical factor of goods being damaged during transit.
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Kartik, has to bear the losses in his business as he could not achieve the target of completing his order of supplying 500 goods to his customer because the supplied goods were damaged in the transit. Which of the following factor is responsible for the loss borne by Kartik?a)Technological factorsb)Physical factorsc)Human factorsd)External factorsCorrect answer is option 'B'. Can you explain this answer?
Question Description
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