The FOB- Origin Pricing Strategy Means That the Goods Sold

question 41

True/False

The FOB- origin pricing strategy means that the goods sold are placed free on board a carrier.At that point,the title and responsibility pass to the customer,who pays the freight from the factory to the destination.

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Definitions:

Product Knowledge

Product knowledge is the understanding of features, benefits, and uses of a product, crucial for effective sales and marketing.

Company's Assembly Line

A production process where components are sequentially assembled to efficiently produce a final product.

Trade Advertising

Marketing efforts directed towards industry stakeholders, such as wholesalers and retailers, to promote products or services.

Direct-Mail Advertising

Advertising that is mailed directly to the customer or industrial user.