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Basing-Point Pricing
Basing-point pricing is a pricing system where the price of goods includes delivery from a specific location, regardless of the actual shipping point to the buyer.
Geographical Locations
Refers to specific places or positions on Earth's surface, identified by coordinates like latitude and longitude.
Freight Expenses
Freight Expenses are costs incurred by a business for transporting goods from one place to another via sea, air, or land.
FOB Factory Pricing
A pricing term indicating the price of goods includes the cost of delivery to the factory's loading dock, with the buyer assuming shipping costs and liability from that point onward.
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