Answer the Question Essay format
Description
The objective of this assignment is to promote the literature review and analysis evaluation of the topics discussed this week. You need to select one of the topics from the lecture and do case study research. From this case study, you will need to develop an one-page essay with the following components:
a. Summary of the case study
b. What analytical tools were used to solve the problem?
c. What conclusions does the case provide?
d. How do you solve the case?
CASE STUDY
Transportation and Logistics: The Case for Dubai Ports World
1) What global factors have contributed to the growth of the transportation and logistics industry? How have they contributed to this growth?
Transportation is defined as the movement of people, animals, and goods from one location to another. Logistics can be known as the art and science of obtaining, producing, and distributing material and products in the proper place and in proper quantities and can also include the movement of personnel.
As we know, the global transportation and logistics industry is one of the part of the important factors that contributed to the expansion of transportation and logistics. So there have several factors that led to the contribution growth of the transportation and logistics industry which include the advanced technology, separation of raw materials, risk of supply chain, the environment, exchange rate, and competition.
Firstly, advanced technology is one of the part of factors that led to the growth transportation and logistics industry. This is because advanced technology is a tool to facilitate industry. The function of technology in this industry is to make the system of industry be easier and systematic either for employees or customers. Besides that, using the advanced technology in this industry will be made sophisticated to computers, servers, and database system that will help to store the data. In fact, advanced technology will help companies to improve operational efficiency by tracking resources thus Dubai is the World Ports of this industry.