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Flat Fare
A flat fee, also referred to as a flat rate or a linear rate refers to a pricing structure that charges a single fixed fee for a service, regardless of usage. Less commonly, the term may refer to a rate that does not vary with usage or time of use. Advantages * A business can develop a dependable stance in a market, as consumers have a well-rounded price before the service is undertaken. For instance, a technician may charge $150 for his labor. * Potential costs can be covered. The service may result in inevitable expenses like the parts needed to fix the issue or the items required to complete the order. * No restricted structure is needed, as the pricing system can be adjusted to suit the business using it. Management can thus work out the pricing that best matches the company's objectives, efforts, costs, etc. Disadvantages * The fixed pricing restricts the company's capability to meet the needs of individual consumers, and people search for cheaper alternatives. * Pricing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price
A price is the (usually not negative) quantity of payment or compensation given by one party to another in return for goods or services. In some situations, the price of production has a different name. If the product is a "good" in the commercial exchange, the payment for this product will likely be called its "price". However, if the product is "service", there will be other possible names for this product's name. For example, the graph on the bottom will show some situations A good's price is influenced by production costs, supply of the desired item, and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions. Price can be quoted to currency, quantities of goods or vouchers. * In modern economies, prices are generally expressed in units of some form of currency. (More specifically, for raw materials they are expressed as currency per unit weight, e.g. euros per kilogram or Rands per KG.) * Although prices ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broadband
In telecommunications, broadband is wide bandwidth data transmission which transports multiple signals at a wide range of frequencies and Internet traffic types, that enables messages to be sent simultaneously, used in fast internet connections. The medium can be coaxial cable, optical fiber, wireless Internet (radio), twisted pair or satellite. In the context of Internet access, broadband is used to mean any high-speed Internet access that is always on and faster than dial-up access over traditional analog or ISDN PSTN services. Overview Different criteria for "broad" have been applied in different contexts and at different times. Its origin is in physics, acoustics, and radio systems engineering, where it had been used with a meaning similar to "wideband", or in the context of audio noise reduction systems, where it indicated a single-band rather than a multiple-audio-band system design of the compander. Later, with the advent of digital telecommunications, the term was mainly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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