Questions and Answers
What is the main difference between distribution and logistics?
Distribution focuses on product ownership transfer, while logistics focuses on product availability.
Which transportation mode is less commonly used in the Philippines due to unreliable operation and limited destination?
Trains
What is the primary role of trucks and vans in the distribution process mentioned in the text?
Shipment of imported and exported goods
Why is the rail road considered a convenient means of transportation in foreign countries?
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Which mode of transportation is associated with examples like MRT, LRT, and Bicol Express in the text?
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What is the key role of the trucking industry mentioned in the text?
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Which mode of transport is ideal for large quantities of low volume bulk products in the Philippine setting?
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What is the main consideration for using air cargo in transportation?
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What term refers to goods carried by ships, trains, trucks, or airplanes?
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In the context of freight payment terms, what does 'Prepay and Add' mean?
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'Free on Board (FOB)' refers to the transfer of liability and ownership of goods from the seller to the buyer. What does FOB stand for?
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What term is commonly used to describe airplanes in the context of transportation?
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