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I‘lnl'nlBlFi UFIIVERSITY

OF SCIENCE Hl'iD TECHNOLOGY

FACULTY OF MANAGEMENT SCIENCES

DEPARTMENT OF MARKETING AND LOGISTICS

QUALIFICATION: BACHELOR OF TRANSPORT MANAGEMENT

BACHELOR OF LOGISTICS & SUPPLY CHAIN MANAGEMENT

QUALIFICATION CODE: O7BTRM

O7BLSMLEVEL: 5

COURSE CODE: TEP521$COURSE NAME: TRANSPORT ECONOMICS AND

PLANNING

SESSION: NOVEMBER 2017 PAPER: THEORY

DURATION: 3 HOURS MARKS: 100

FIRST OPPORTUNITY EXAMINATION QUESTION PAPER

EXAMINER(S) Dr. Frank MulunguDr. Fanny Saruchera

Ms. Hilma N. Kotti

Ms. Ester Kalipi

MODERATOR:Mr. Oscar Kaveru

INSTRUCTIONS

1. Answer ALL the questions.

2. Write clearly and neatly.

3. Number the answers clearly.

THIS QUESTION PAPER CONSISTS OF 5 PAGES (Including this front page)

QUESTION 1

MULTIPLE CHOICE QUESTIONS [2X9]

1. Which of the following is not an argument in favour of regulating an industry?

a) Presence of negative externalities

b) Highly contestable market

c) Public good characteristics

d) Monopoly power

Which one of the following reasons is often used to support a policy to privatise certain

industries?

a) Firms exposed to market forces are likely to be more efficient

b) Firms insulated from market forces are likely to be more efficient

c) Firms can more easily take into account any negative externalities in their decision

d) The public finances are likely to deteriorate

Which of the following is not characteristic of a sustainable society?

a) Relies heavily on fossil fuels

b) Protects biological species from extinction

c) Recycles whenever possible

d) Uses renewable resources whenever possible

Which of the following is a form of government intervention?

'

a) Natural monopoly

b) Public goods

c) Regulation

d) Externalities

In cost-benefit analysis, regulatory intervention can be justified if the:

a) Marginal benefit of regulation exceeds its marginal cost.

b) Economic cost of regulation exceeds the value of the improvements

c) Value of government failure exceeds the value of market failure.

cl) Intervention improves market outcomes, regardless of costs.

Which of the following questions is not critical when assessing your transport needs for

international trade?

a) What do you want to distribute? Size and weight will affect the cost?

b) How would transport costs impact on your overheads?

c) What is the balance between private goods and social goods?

d) Do your customers have any special requirements?

Corporate social responsibility concerns:

a) How an organisation meets the expectations of its stakeholders.

b) The behaviour of individual managers.

c) External stakeholder relationships.

d) The ways in which an organisation exceeds its minimum required obligations to

stakeholders.

The main purpose of corporate governance is:

a) To separate ownership and management control of organisations

b) To maximise shareholder value

c) To separate ownership and management control of organisations and the requirement

for increased accountability to stakeholder groups.

d) To ensure that regulatory frameworks are adhered to

For cars, "social costs" include all of the following except which one?

a) Traffic accidents

b) Traffic congestion

c) Congestion tolls

d) Air pollution

Sub-total: 18 marks

QUESTION 2

2.1 In your own words define sustainable Transport? (5 marks)

2.2 The Sustainable Urban Transport Master Plan (SUTMP) is a 20-year plan that identifies the

types of investment in infrastructure and services that are required to improve the public

transport (PT) system and non-motorised transport (NMT) provisions in the City of

Windhoek, including Rehoboth, Okahandja and Hosea Kutako Airport. Discuss how the

City of Windhoek planned to address the need for a sustainable transport system through

SUTMP? (10 marks)

2.3 Discus any five (5) Arguments in favour of transport regulations? (10 marks)

2.4 Nations across the world use different economic instrument to regulate transport. Discuss

any five regulatory instruments that the government can use to regulate the transport

market? (10 marks)

Sub-total: 35 marks

QUESTION 3

3.1 Explain the difference between privatization and deregulation? (10 marks)

3.2 It is a common practice for institutions in private and public sector to work together in

transport related projects. Discuss any five benefits of the public private partnership in

the provision of transport investment? (10 marks)

3.3 As Transport Manager how do you understand an integrated transport policy? Discuss the

four relationships which can be addressed by the policy. (11 marks)

Sub-total 31 marks

QUESTION 4

4.1 Transport planning process is not an easy task. It requires reliable information for making

right decisions. Discuss the three major stages in transport planning process.

(6 marks)

4.2 The implementation process of transportation project demands careful consideration of

five major areas. Give details of the five areas for effective implementation of transport

project of your choice. (10 marks)

Sub-total: 16 marks

Grand Total: 100 marks