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Premium Fare
A premium fare is a fare on a public transport service set at least ten percent above the fare normally applying on that route or offered by alternative service - companies or public bodies often using a slower or less commodious vehicle. A premium fare might be levied at times where traffic-levels would otherwise be unbearably high, for instance on summer Fridays or during rush hours, or on a clearly identifiable route where a timely arrival is perceived as particularly important (e.g. reaching a ferry terminal or airport for an onward link for which a high price has already been paid). If the fare level deters some passengers this might reduce vandalism and maintenance costs and minimise the dwell-time required at any intermediate stops between the most popular stops. Many premium fare operations are non-stop (light) railway links and they can therefore abstract considerable capacity from any railway line also used by slower (normally less glamorous) services. Along congested t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rush Hour
A rush hour (American English, British English) or peak hour (Australian English) is a part of the day during which traffic congestion on roads and crowding on public transport is at its highest. Normally, this happens twice every weekday: once in the morning and once in the afternoon or evening, the times during which the most people commute. The term is often used for a period of peak congestion that may last for more than one hour. The term is very broad, but often refers specifically to private automobile transportation traffic, even when there is a large volume of cars on a road but not many people, or if the volume is normal but there is some disruption of speed. By analogy to vehicular traffic, the term Internet rush hour has been used to describe periods of peak data network usage, resulting in delays and slower delivery of data packets. Definition The name is sometimes a misnomer, as the peak period often lasts more than one hour and the "rush" refers to the volume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upstart Operator
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Upstart or upstarts may refer to: * HMS ''Upstart'', a Royal Navy U-class submarine *Upstart (company), an online lending marketplace *Upstart (software), a process management daemon used in several operating systems. * Upstart (sculpture), a public art work at the Lynden Sculpture Garden near Milwaukee * Upstart (horse), winner of the Dicken Medal *Angelic Upstarts, British punk band *Upstarts (comics), a group of comic book characters *Upstarts (film), a 2019 Indian film *''The Upstarts'', a 2017 book by Brad Stone *''The Upstart'', a 1998 novel by Catherine Cookson * Upstart Associates, an artists' studio formed by four well-known comics artists See also *Startup (other) Startup commonly refers to: * Startup company, a newly emerged, fast-growing business Startup or start-up may also refer to: * Booting, an initialization period that computers and electronics go through when first turned on * Project commission ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pricing
Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of product. Pricing is a fundamental aspect of product management and is one of the four Ps of the marketing mix, the other three aspects being product, promotion, and place. Price is the only revenue generating element amongst the four Ps, the rest being cost centers. However, the other Ps of marketing will contribute to decreasing price elasticity and so enable price increases to drive greater revenue and profits. Pricing can be a manual or automatic process of applying prices to purchase and sales orders, based on factors such as: a fixed amount, quantity break, promotion or sales campaign, specific vendor quote, price prevailing o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Road Pricing
Road pricing (also road user charges) are direct charges levied for the use of roads, including road tolls, distance or time-based fees, congestion charges and charges designed to discourage the use of certain classes of vehicle, fuel sources or more polluting vehicles. These charges may be used primarily for revenue generation, usually for road infrastructure financing, or as a transportation demand management tool to reduce peak hour travel and the associated traffic congestion or other social and environmental negative externalities associated with road travel such as air pollution, greenhouse gas emissions, visual intrusion, noise pollution and road traffic collisions. ''Executive Summary, pp. v''. In most countries toll roads, toll bridges and toll tunnels are often used primarily for revenue generation to repay long-term debt issued to finance the toll facility, or to finance capacity expansion, operations, and maintenance of the facility itself, or simply as genera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Congestion Charge
The London congestion charge is a fee charged on most cars and motor vehicles being driven within the Congestion Charge Zone (CCZ) in Central London between 7:00 am and 6:00 pm Monday to Friday, and between 12:00 noon and 6:00 pm Saturday and Sunday. Inspired by Singapore's Electronic Road Pricing (ERP) system after London officials had travelled to the country, the charge was first introduced on 17 February 2003. The London charge zone is one of the largest congestion charge zones in the world, despite the removal of the Western Extension which operated between February 2007 and January 2011. The charge not only helps to reduce high traffic flow in the city streets, but also reduces air and noise pollution in the central London area and raises investment funds for London's transport system. The standard charge is £15, every day from 7:00 am to 6:00 pm, for each non-exempt vehicle driven within the zone, with a penalty of between £65 and £195 levied for non-payment. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Niche Marketing
A niche market is the subset of the market on which a specific product (business), product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment. Sometimes, a product or service can be entirely designed to satisfy a niche market. Not every product can be defined by its market niche. The niche market is highly specialized, and aiming to survive among the competition from numerous super companies. Even established companies create products for different niches; Hewlett-Packard has all-in-one machines for printing, scanning and faxing targeted for the home office niche, while at the same time having separate machines with one of these functions for big businesses. While you may have explicit moving items effectively at the top of the priority list. Although you can build your chances of achievement by beginni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smart Growth
Smart growth is an urban planning and transportation theory that concentrates growth in compact walkable urban centers to avoid sprawl. It also advocates compact, transit-oriented, walkable, bicycle-friendly land use, including neighborhood schools, complete streets, and mixed-use development with a range of housing choices. The term "smart growth" is particularly used in North America. In Europe and particularly the UK, the terms "compact city", " urban densification" or "urban intensification" have often been used to describe similar concepts, which have influenced government planning policies in the UK, the Netherlands and several other European countries. Smart growth values long-range, regional considerations of sustainability over a short-term focus. Its sustainable development goals are to achieve a unique sense of community and place; expand the range of transportation, employment, and housing choices; equitably distribute the costs and benefits of development; preserve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commuting
Commuting is periodically recurring travel between one's place of residence and place of work or study, where the traveler, referred to as a commuter, leaves the boundary of their home community. By extension, it can sometimes be any regular or often repeated travel between locations, even when not work-related. The modes of travel, time taken and distance traveled in commuting varies widely across the globe. Most people in least-developed countries continue to walk to work. The cheapest method of commuting after walking is usually by bicycle, so this is common in low-income countries, but is also increasingly practised by people in wealthier countries for environmental and health reasons. In middle-income countries, motorcycle commuting is very common. The next technology adopted as countries develop is more dependent on location: in more populous, older cities, especially in Eurasia mass transit (rail, bus, etc.) predominates, while in smaller, younger cities, and larg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Predatory Pricing
Predatory pricing is a Pricing strategies, pricing strategy, using the method of undercutting on a larger scale, where a Article 102 of the Treaty on the Functioning of the European Union#Dominance, dominant firm in an industry will deliberately reduce the prices of a product or service to loss-making levels in the short-term. The aim is that Article 102 of the Treaty on the Functioning of the European Union#Actual Competitors, existing or Article 102 of the Treaty on the Functioning of the European Union#Potential Competitors, potential competitors within the Industry (economics), industry will be forced to leave the market, as they are unable to effectively compete with the dominant firm without making a loss. Once competition has been eliminated, the dominant firm now having a majority share of the Market (economics), market can raise its prices to monopoly levels in the long-term to Recoupment, recoup its losses. The difference between predatory pricing and competitive pricing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vandalism
Vandalism is the action involving deliberate destruction of or damage to public or private property. The term includes property damage, such as graffiti and defacement directed towards any property without permission of the owner. The term finds its roots in an Enlightenment view that the Germanic Vandals were a uniquely destructive people. Etymology The Vandals, an ancient Germanic people, are associated with senseless destruction as a result of their sack of Rome under King Genseric in 455. During the Enlightenment, Rome was idealized, while the Goths and Vandals were blamed for its destruction. The Vandals may not have been any more destructive than other invaders of ancient times, but they did inspire English poet John Dryden to write, ''Till Goths, and Vandals, a rude Northern race, Did all the matchless Monuments deface'' (1694). However, the Vandals did intentionally damage statues, which may be why their name is associated with the vandalism of art. The term ''Va ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toll Road
A toll road, also known as a turnpike or tollway, is a public or private road (almost always a controlled-access highway in the present day) for which a fee (or ''toll'') is assessed for passage. It is a form of road pricing typically implemented to help recoup the costs of road construction and maintenance. Toll roads have existed in some form since antiquity, with tolls levied on passing travelers on foot, wagon, or horseback; a practice that continued with the automobile, and many modern tollways charge fees for motor vehicles exclusively. The amount of the toll usually varies by vehicle type, weight, or number of axles, with freight trucks often charged higher rates than cars. Tolls are often collected at toll plazas, toll booths, toll houses, toll stations, toll bars, toll barriers, or toll gates. Some toll collection points are automatic, and the user deposits money in a machine which opens the gate once the correct toll has been paid. To cut costs and minimise time delay, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Profit Motive
In economics, the profit motive is the motivation of firms that operate so as to maximize their profits. Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm's stock of means of payment (which is usually kept to a necessary minimum because means of payment incur costs, i.e. interest or foregone yields), but in the sense of "increasing net worth". Stated differently, the reason for a business's existence is to turn a profit. The profit motive is a key tenet of rational choice theory, or the theory that economic agents tend to pursue what is in their own best interests. In accordance with this doctrine, businesses seek to benefit themselves and/or their shareholders by maximizing profits. As it extends beyond economics into ideology, the profit motive has been a major matter of contention. Economics Theoretically, when an economy is fully competitive (i.e. has no market imperfections like extern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
