__________is a price tactic that requires a buyer to absorb the freight costs of a product from the shipping point
Fill in the blanks with correct word.
ANSWER: Free on board (FOB) origin pricing
FOB origin pricing is a price tactic that requires a buyer to absorb the freight costs from the shipping point. The farther buyers are from sellers, the more they pay, because transportation costs generally increase with the distance from which merchandise is shipped.
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Which statement is true of using stock options as incentive pay?
A. Low-level employees with stock options are more likely to think like owners than executives who have stock options. B. Stock options require an option holder to purchase the organization's stocks at its present market rate. C. Stock options are rewarding for employees who exercise their option when the company's stock value has risen. D. The use of stock options ensures that managers add value in terms of efficiency and customer satisfaction. E. A company's performance in the stock market tends to be significantly better if its low-level employees are provided stock options.
Which of the following would be most useful if a firm has an immediate objective to achieve?
A) public relations activities B) sales promotions C) out-of-home media D) sponsorships E) product placement
If the effect of the credit portion of an adjusting entry is to increase the balance of a liability account, which of the following describes the effect of the debit portion of the entry?
A) increases the balance of a contra asset account B) increases the balance of an asset account C) decreases the balance of an owner's equity account D) increases the balance of an expense account
Although innovation strategies may not work in the long run, overriding short-term reasons compel firms to introduce new products and services.
Answer the following statement true (T) or false (F)