Asked by
Chase Parrish
on Dec 15, 2024
Verified
A method of pricing where the price the seller quotes includes only the cost of loading the product onto the vehicle and specifies the name of the location where the loading is to occur is referred to as
A) free on board (FOB) origin pricing.
B) free on board (FOB) destination pricing.
C) mode of transportation pricing.
D) uniform delivered pricing.
E) free on board (FOB) geographical pricing.
FOB Origin Pricing
A pricing strategy where the buyer takes on responsibility for the goods once they leave the seller’s premises, including paying for shipping and handling.
Mode of Transportation Pricing
The cost structure associated with different modes of transport, factoring in distance, speed, volume, and type of goods.
Vehicle
In marketing, a vehicle refers to the medium or channel used to transmit an advertising message to its intended audience, such as television, radio, or online platforms.
- Comprehend the principles and categories of pricing approaches employed by businesses.
- Distinguish between different strategies of geographical pricing like FOB origin pricing, uniform delivered pricing, and multi-zone pricing.
Verified Answer
MS
Learning Objectives
- Comprehend the principles and categories of pricing approaches employed by businesses.
- Distinguish between different strategies of geographical pricing like FOB origin pricing, uniform delivered pricing, and multi-zone pricing.