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assume that you are the owner of a large soybean farm in argentina. soybeans are a commodity product. most soybeans are grown in south america, but demand for soybeans is growing rapidly in asia. you are trying to decide whether to process soybeans in south america and ship them to asia or to ship raw soybeans directly to asia and process them there. what factors would you look at to make this decision?

Answer :

In both the cases of processing soybeans in south america and shipping them to Asia or to ship raw soybeans directly to asia and process them there involves a factor of transcription and risk in it.

More about transportation risk:

Risks are a constant in transportation-related activities at every level, from loading through delivery. a recurring factor that can be managed, nevertheless, by being aware of the risks and employing the appropriate techniques and tactics.

These risks may have an effect on the reliability and safety of the fleet, workplace safety, and delivery compliance. Some of the most significant ones are as follows:

Extreme temperatures, weather-related catastrophes, natural disasters, and weather's general unkindness also include road traffic, sea conditions, and social dangers.

Learn more about risk here:

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