Asked by
ISABEL SANMIGUEL
on Dec 02, 2024
Verified
Product value is an important factor in modal selection.
Modal Selection
The process of choosing the most appropriate method of transportation for goods based on factors such as cost, speed, and product characteristics.
Product Value
The perceived worth of a product or service to the customer, often influenced by its utility, quality, and the benefits it provides.
- Perceive the link between the monetary value of a product and the decision-making process for choosing a transportation method.
Verified Answer
NW
Learning Objectives
- Perceive the link between the monetary value of a product and the decision-making process for choosing a transportation method.