Research the following:
FOB destination
FOB shipping point
Terms (ex. 1/10, n30)
Assignment Requirements:
Create and post a PowerPoint presentation
You must be creative by using pictures to describe how merchandise purchases flow through both an FOB destination and an FOB shipping point process. Make sure that the examples are clear enough that the viewer understands who owns the merchandise throughout the entire process.
Provide an example of how Terms (ex. 1/15, n30) can save the purchaser money and why it is beneficial for a seller to offer Terms.
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