BUISENESS MANAGEMENT
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Factory gate prices mean that:
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Transport costs are not included in the purchase price of a product
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The price is lower because you buy directly from the manufacturer
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Factory Gate Pricing (FGP) is an approach to purchasing goods, under which (low) ex-works purchasing prices are agreed for products, and the buyer is responsible for arranging the transportation of the product from the supplier to the delivery points.
There is 1 question to complete.