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State whether the following statement is true or false: Air transport is the cheapest mode of transport. - Organisation of Commerce and Management

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Question

State whether the following statement is true or false:

Air transport is the cheapest mode of transport.

Options

  • True

  • False

MCQ
True or False
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Solution

This statement is false.

Explanation:

Air transport is actually the most expensive mode of transport. High operating costs, including expensive fuel consumption and massive infrastructure maintenance, make it less economical for bulk goods. However, it is preferred for its high speed and safety, especially when transporting perishable goods or covering long distances quickly.

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Chapter 4: Business Services - EXERCISE [Page 90]
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