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What does transport primarily do in the context of business activities ?
- a)Eliminates the need for raw materials
- b)Facilitates movement of goods between production and consumption locations
- c)Generates raw materials for production
- d)Reduces the need for communication facilities
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What does transport primarily do in the context of business activities...
Transport plays a crucial role in business activities by facilitating the movement of raw materials to production locations and finished products to consumption areas. This logistical function is essential for ensuring the smooth flow of goods within the supply chain, overcoming the obstacle of distance between production and consumption centers. By efficiently transporting goods via road, rail, or coastal shipping, businesses can meet consumer demand and maintain operational efficiency.
Most Upvoted Answer
What does transport primarily do in the context of business activities...
Role of Transport in Business Activities
Transport plays a crucial role in the functioning of businesses by ensuring that goods move efficiently from one location to another. This is essential for maintaining a smooth supply chain and meeting customer demands.
Facilitates Movement of Goods
- Transport primarily enables the movement of goods between production sites and consumption locations.
- Without effective transport systems, businesses would struggle to deliver their products to customers, resulting in lost sales and dissatisfied clients.
Supply Chain Efficiency
- Transport is a vital link in the supply chain, connecting manufacturers, wholesalers, retailers, and consumers.
- It ensures that raw materials reach production facilities and finished goods are delivered to markets, thereby optimizing inventory levels and reducing lead times.
Economic Impact
- Efficient transport systems contribute to economic growth by reducing costs and improving accessibility to markets.
- Businesses can expand their reach, enhancing competition and fostering innovation.
Customer Satisfaction
- Timely delivery of products is crucial for maintaining customer satisfaction and loyalty.
- Effective transport services enable businesses to meet delivery deadlines, which is essential in today’s fast-paced market.
Conclusion
In summary, transport is fundamental to business activities as it facilitates the movement of goods between production and consumption locations. This not only supports efficient supply chain operations but also enhances customer satisfaction and contributes to overall economic growth.
Transport plays a crucial role in the functioning of businesses by ensuring that goods move efficiently from one location to another. This is essential for maintaining a smooth supply chain and meeting customer demands.
Facilitates Movement of Goods
- Transport primarily enables the movement of goods between production sites and consumption locations.
- Without effective transport systems, businesses would struggle to deliver their products to customers, resulting in lost sales and dissatisfied clients.
Supply Chain Efficiency
- Transport is a vital link in the supply chain, connecting manufacturers, wholesalers, retailers, and consumers.
- It ensures that raw materials reach production facilities and finished goods are delivered to markets, thereby optimizing inventory levels and reducing lead times.
Economic Impact
- Efficient transport systems contribute to economic growth by reducing costs and improving accessibility to markets.
- Businesses can expand their reach, enhancing competition and fostering innovation.
Customer Satisfaction
- Timely delivery of products is crucial for maintaining customer satisfaction and loyalty.
- Effective transport services enable businesses to meet delivery deadlines, which is essential in today’s fast-paced market.
Conclusion
In summary, transport is fundamental to business activities as it facilitates the movement of goods between production and consumption locations. This not only supports efficient supply chain operations but also enhances customer satisfaction and contributes to overall economic growth.
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What does transport primarily do in the context of business activities ?a)Eliminates the need for raw materialsb)Facilitates movement of goods between production and consumption locationsc)Generates raw materials for productiond)Reduces the need for communication facilitiesCorrect answer is option 'B'. Can you explain this answer? for Grade 11 2025 is part of Grade 11 preparation. The Question and answers have been prepared according to the Grade 11 exam syllabus. Information about What does transport primarily do in the context of business activities ?a)Eliminates the need for raw materialsb)Facilitates movement of goods between production and consumption locationsc)Generates raw materials for productiond)Reduces the need for communication facilitiesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Grade 11 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does transport primarily do in the context of business activities ?a)Eliminates the need for raw materialsb)Facilitates movement of goods between production and consumption locationsc)Generates raw materials for productiond)Reduces the need for communication facilitiesCorrect answer is option 'B'. Can you explain this answer?.
What does transport primarily do in the context of business activities ?a)Eliminates the need for raw materialsb)Facilitates movement of goods between production and consumption locationsc)Generates raw materials for productiond)Reduces the need for communication facilitiesCorrect answer is option 'B'. Can you explain this answer? for Grade 11 2025 is part of Grade 11 preparation. The Question and answers have been prepared according to the Grade 11 exam syllabus. Information about What does transport primarily do in the context of business activities ?a)Eliminates the need for raw materialsb)Facilitates movement of goods between production and consumption locationsc)Generates raw materials for productiond)Reduces the need for communication facilitiesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Grade 11 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does transport primarily do in the context of business activities ?a)Eliminates the need for raw materialsb)Facilitates movement of goods between production and consumption locationsc)Generates raw materials for productiond)Reduces the need for communication facilitiesCorrect answer is option 'B'. Can you explain this answer?.
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