Podcast
Questions and Answers
What is the pricing strategy where the company charges the same price plus freight to all customers, regardless of location?
What is the pricing strategy where the company charges the same price plus freight to all customers, regardless of location?
What is the pricing strategy where the seller absorbs all or part of the actual freight charge as an incentive to attract business in competitive markets?
What is the pricing strategy where the seller absorbs all or part of the actual freight charge as an incentive to attract business in competitive markets?
Which pricing strategy involves setting up two or more zones where customers within a given zone pay a single total price?
Which pricing strategy involves setting up two or more zones where customers within a given zone pay a single total price?
In which pricing strategy do the goods are delivered to the carrier and the title and responsibility passes to the customer?
In which pricing strategy do the goods are delivered to the carrier and the title and responsibility passes to the customer?
Signup and view all the answers
What is the pricing strategy where a seller selects a given city as a 'basing point' and charges all customers the freight cost associated from that city to the customer location?
What is the pricing strategy where a seller selects a given city as a 'basing point' and charges all customers the freight cost associated from that city to the customer location?
Signup and view all the answers
Study Notes
Pricing Strategies
- Uniform Delivered Pricing: The company charges the same price plus freight to all customers, regardless of location.
Freight Absorption Pricing
- The seller absorbs all or part of the actual freight charge as an incentive to attract business in competitive markets.
Zone Pricing
- The strategy involves setting up two or more zones where customers within a given zone pay a single total price.
FOB (Free on Board) Pricing
- The goods are delivered to the carrier and the title and responsibility passes to the customer.
Basing Point Pricing
- The seller selects a given city as a 'basing point' and charges all customers the freight cost associated from that city to the customer location.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge of geographical pricing methods used by businesses to set prices for customers in different locations. This quiz covers FOB pricing, uniformed delivery pricing, zone pricing, basing point pricing, and freight absorption pricing.
