Running a Railroad

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Business, Architecture
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University
•
Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the financial outcome for Amtrak's Boston to Washington route last year?
A break-even result
A loss of $424 million
A profit of $424 million
A loss of $171 million
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one major challenge Amtrak faces due to not owning most of its tracks?
Increased maintenance costs
Frequent train breakdowns
Lengthy delays due to freight line usage
Higher ticket prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the percentage decline in ridership on Amtrak's longer routes last year?
2.5%
8.5%
4.5%
6.5%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of CEO Richard Anderson's strategies to improve Amtrak's financial performance?
Expanding the network to new cities
Reducing the number of trains
Breaking up long routes into shorter trips
Increasing ticket prices
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By what percentage did CEO Anderson manage to cut Amtrak's losses in the most recent fiscal year?
82%
72%
60%
50%
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