Question

Identify a topic and demonstrate your understanding of Relationships and Interdependence of Trade, Transport, Policy and...

Identify a topic and demonstrate your understanding of Relationships and Interdependence of Trade, Transport, Policy and the Forces, Political and nonPolitical that Drive Design and management of modern logistics Systems. ( Need Topic Ideas- With some background on it )

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Answer #1

Trade and transport are interlinked and have mutual interdependence as trade is subset of transport .

Trading is compliant to various licensing norms and legal protocols which both buyer and seller keet via contractual obligations.

Modern logistics systems are driven fairly by political forces like bureaucratic government, unrealistic taxation, stringent licensing.

Non political forces like market demand, competitive scenario, bargaining power of buyer, technological advances, environmental protection,etc also drive transportation and logistics in todays world

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