Explain the factors which a business man may consider before choosing means of transport for his goods – NABTEB QUESTION

The factors which a business man may consider before choosing means of transport for his goods are:

1. Distance/Location: The location where the goods are needed will help to determine the choice of transport. Where the place is far, air may be chosen.
2. Unit volume of the goods: valuable goods like minerals need to be carried as quickly as possible to avoid pilfering.
3. Destination: There are such places that have no other means of transport than by road.
4. Available means: The means of transport available where the goods are located is what will be used.
5. The nature of the goods: perishable items need to be carried quickly to minimize spoilage while bulky goods are carried by rail or road.
6. The weight of goods is equally considered
7. Customer’s preference: The choice of the customer will also influence the choice of transport.
8. Safety of the goods: A means of transport that will ensure safety movement of goods is also a factor to consider
9. Volume or quantity of goods also determine the choice of transport for a given commodity
10. Cost of transport is also considered because a trader will prefer a cheaper means of transport
11. Timeliness of goods: Fast means of transport is needed to convey goods needed urgently