Identify the Six different categories of transportation risk

Identify the Six different categories of transportation risk

Identify the Six different categories of transportation risk, describe them, and give transportation examples for each risk categories.

Compare and contrast pure competition with monopoly from a pricing perspective. If you were a shipper, which would you prefer and why? Which would a carrier prefer and why?

Why does the United States need a national transportation policy? What purpose does it serve?

“Transportation is the most important economic factor for economic development.” Do you agree or disagree with this statement? Expand on why or why not.

What role does/or can security play as a risk management technique? Does it seem that this practice is widely used? If so, why? If not, why not?

Solution Preview

Question One
Disruption of transportation takes place when an event that was unexpected takes place and affects the transportation of goods. The disruption of transportation negatively affects the supply chain and may result in financial risk to a business. The interruption may result in losses for a company and may lead to halting of the operations of an organization. Physical assets are at risk of getting attacked. Using improved manning systems that can track the location of the assets is prone to get attacked in case someone hacks the tracking network.

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