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TEP521S - TRANSPORT ECONOMICS AND PROCEDURES - 2ND OPP - JAN 2020 |
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A)
NAMIBIA UNIVERSITY
OF SCIENCE AND TECHNOLOGY
FACULTY OF MANAGEMENT SCIENCES
DEPARTMENT OF MARKETING AND LOGISTICS
QUALIFICATION: BACHELOR OF TRANSPORT MANAGEMENT
BACHELOR OF LOGISTICS & SUPPLY CHAIN MANAGEMENT
QUALIFICATION CODE: 0O77BBLTSMCM
LEVEL: 5
COURSE CODE: TEP5215
COURSE NAME: TRANSPORT ECONOMICS AND
PLANNING
SESSION: JANUARY 2020
DURATION: 3 HOURS
PAPER: THEORY
MARKS: 100
SUPPLEMENTARY / SECOND OPPORTUNITY
EXAMINER(S) | Mr. Oscar Kaveru
Ms. Hilma Nuuyandja
Ms. Selma Kambonde
EXAMINATION
QUESTION
PAPER
MODERATOR: | Mr. Jacinto Silva
INSTRUCTIONS
1. Answer ALL the questions.
2. Write clearly and neatly.
3. Number the answers clearly.
THIS QUESTION PAPER CONSISTS OF 4 PAGES (Including this front page)
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QUESTION 1
Multiple choice questions
[2x 4 Marks]
1. Social sustainability refers to what?
a) Sharing benefits fairly and equitably and respecting the quality of life of communities
and of human rights
b) The concept of the enterprise supporting jobs and delivering income to communities
in the short term
The concept of the enterprise supporting jobs and delivering income to communities
in the long term
d) Stewardship of resources and managing and conserving the environment
2. Why is transport one of the most intractable factors in considering the global
environmental problem?
a) Our transport capabilities worldwide have not expanded fast enough for us to cope
with the consequences of global warming
b) Transport demand grows faster than possible technological improvements can reduce
the output of greenhouse gases and the depletion of nonrenewable fossil fuel
reserves
Reducing the growth of the transport sector will hold back economic growth, and
hence reduce the resources we have available to deal with the global environmental
problem
d) World oil refinery capacity has failed to expand in line with the demand for internal
combustion fuel
Ba The following are important motives for privatization except:
a) Revenue for the government
b) Increased efficiency
c) Share ownership
d) Economies of scale
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4. The private sector will be primarily different to the public sector because:
a) It will have a narrower political stakeholder base
b) It responds differently to the needs of its consumers
c) It answers only to its shareholders
d) It does not respond to policy-making
Sub-total:
QUESTION 2
8 Marks
Answer the following five questions either 'True' or ‘False’.
1.
Deregulation in transport can be defined as the removal of controls imposed by
governments on the operation of markets, particularly taking away barriers to entry
2.
Traffic congestion can be reduced by discouraging people from using public
transportation and encouraging private vehicle ownership.
3.
Regulatory control represents a means of influencing the shape of transportation that is
very widely employed.
4.
The only effective way in which railway can be used to reduce congestion is to take an
integrated approach to all modes and see them as part of the overall transport facility
5.
Consumer protection in transport has mainly to do with protecting the transport
providers from demanding customers and the effects of manipulating price.
Sub-total: 10 Marks
QUESTION 3
3.1
In your own words, define sustainable Transport?
(S marks)
3.2 Briefly, explain any five arguments in favor of transport regulations?
(10 marks
3.3 Briefly discuss the Role of Transport in the Development of Trade?
(10 marks)
Sub-total:
25 Marks
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QUESTION 4
4.1 Explain the difference between privatization and deregulation?
(10 marks)
4.2 Discus any two Arguments in favour of private financing of transport infrastructure?
(6 marks)
4.4 Studies have indicated that there are wider effects of infrastructure investment in the
transport network which include induced travel, modal shift, reliability and social —
economic spillovers. Briefly name and explain the four social-economic spillovers benefits
derived from investment in transport?
(8 marks)
Sub-total:
24 marks
QUESTION 5
5.1 The term megatrends was first used by Naisbitt (1984) who identified the ten trends that
have a major impact in shaping the future on transport industry. Discuss any five (5)
trends that could require intervention to shaping the future of transport industry?
(10 marks)
5.2. As Transport Manager what do you understand by an integrated transport policy? Discuss
the four relationships which can be addressed by the policy.
(12 marks)
5.3 The English tourism council identified four “Is” of the integration equation for passenger
transport. Name them?
(4 marks)
5.4 In your own word, define economic appraisal techniques?
(7 marks)
Sub-total:
33 marks
Grand Total: 100 marks