Using the Net to Make Phone Calls,either One to One

question 190

Short Answer

Using the net to make phone calls,either one to one or for audio conferencing (such as via Skype),is called __________________.

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Definitions:

EBIT

A financial metric called EBIT that calculates a company's profits prior to the deduction of interest and income tax costs, encompassing all other expenses.

Operating Leverage

A financial metric that measures the proportion of fixed costs in a company's cost structure, indicating how a change in sales volume will affect operating income.

Variable Cost

Costs that vary directly with levels of production or sales volume, such as materials and labor.

Cost Structure

This refers to the types and relative proportions of fixed and variable costs that a business incurs.