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Commerce 1

Importance of transport toward production

takriban dakika 1 kusoma

Mada za sehemu hiiTransport And CommunicationMada 8
  1. Concept of transportation
  2. Modes of transport
  3. Factors to be considered when choosing the means of transport of goods
  4. Importance of transport toward production
  5. Concept of communication
  6. Purpose of communication
  7. Types of communication
  8. Factors which influence the choice of a communication media

  1. It makes mass production possible because businesses are able to get supplies from different parts of the world.

  2. It helps the growth of trade and industry by providing raw materials and by carrying finished goods to the market.

  3. Division of labour and specialization has been possible because of the development of means of transport.

  4. It makes goods and services available where they are demanded by consumers.

  5. It avoids waste by transferring surpluses of goods to areas where they are in shortage, hence stabilizing prices.

  6. It accelerates the growth of other aids to trade such as warehousing, banking, insurance, etc.

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