Advantages of Road Transport

There argon numerous advantages of passageway sway in comparison to other modes of transport. 1. little capital quality- Road transport required much less(prenominal) capital investment as comp atomic number 18d to other modes of transport such as railways and air transport. 2. Door to door services The outstanding advantage of road transport is that it provides door to door or warehouse to warehouse services. 8. relieve in packing material cost As compared to other modes of transport, the process of packing in motor transport is less complicated. Goods transported by motor transport require less packing or no packing in several cases.Flexible services- Road transport has a outstanding advantage over other modes of transport for its flexible services. Its routes and timings can be adjusted and changed to individual requirements without much inconvenience. 5. Suitable for short distance- Delays in transit of gods on account of intermediate loading and handling are avoided. Goo ds can be loaded direct into a road vehicle and transported straight to their place of destination. Price skimming is a business proficiency which involves charging a high price for a product when it is released initially, and gradually laborious the price over time.The goal of this practice is to ensure that the price matches consumer willingness to pay, generating benefit for the company both over time and in the short term. nder most market conditions, the use of price skimming is a strategy to take hold of higher profits with a new or differentiated product. By charging high prices initially, a company can build a high-quality ensure for its product. Charging initial high prices allows the firm the luxury of reducing them when the threat of rivalry arrives. By contrast, a lower initial price would be sticky to increase without risking the loss of sales volume.