When Determining Outsourcing Fees,a _____ Uses a Set Fee Based

question 13

Multiple Choice

When determining outsourcing fees,a _____ uses a set fee based on a specified level of service and user support.

• A) fixed fee model
• B) usage model
• C) subscription model
• D) transaction model

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Definitions:

Market System

An economic system in which decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.

Self-Interest

acting in a way that is most beneficial to oneself, a fundamental concept in economics that drives individual decision-making.

Consumer Sovereignty

The theory that consumer preferences and choices dictate the production of goods and services in an economy.

Resource Costs

The expenses incurred in acquiring the natural, human, and capital resources needed to produce goods or services.