22 Terms
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Economics
basics of economics
Industry: Economy
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Economics
Free-alongside-Ship Pricing
Economy; Economics
A pricing approach in which the manufacturer pays the freight cost to the wharf; costs associated with loading and shipping are borne by the purchaser. See Geographical Pricing.
Forward Integration
Economy; Economics
A strategy for growth in which a company develops by seeking ownership of, or some measure of control over, its distribution systems. See Backward Integration; Horizontal Integration.
Free Merchandise
Economy; Economics
A type of trade sales promotion in which resellers are given a certain quantity of merchandise free of charge in return for an order of a specified size. See Trade Sales Promotion.
Forward Buy
Economy; Economics
The placement of an inventory purchase order earlier than required in order to take advantage of a special price offer, or similar.
Free-Form Presentation
Economy; Economics
A selling approach which does not rely upon any set formula or method. See Formula Approach.
