Asked by Blake Archer on Jul 02, 2024
Verified
Beginning in the late 1970s and into the 1980s, the US transportation industry was deregulated. The net result was a less competitive environment.
Transportation Industry
The sector of the economy dedicated to the movement of people and goods from one place to another.
Deregulated
Refers to the removal or relaxation of government restrictions, typically in sectors like telecommunications, electricity, and transportation.
- Acknowledge the determinants and pressures that lead to alterations in supply chain management.
Verified Answer
TK
Turhan K?l?çc?o?lu6 days ago
Final Answer :
False
Explanation :
The net result of transportation industry deregulation in the late 1970s and 1980s was actually a more competitive environment. This allowed for new players to enter markets and prices to be determined more by supply and demand.
Learning Objectives
- Acknowledge the determinants and pressures that lead to alterations in supply chain management.