What Are the Business Advantages of Using Voice Over IP

question 9

Essay

What are the business advantages of using voice over IP (VoIP)technology?

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Definitions:

Tit-For-Tat

A strategy in game theory where an entity responds to an action with a similar action, often seen in reciprocal altruism or in competitive contexts.

Repeated Game

A strategic situation where the same game is played numerous times, allowing participants to adjust their strategies based on past outcomes.

Stackable Discounts

Discounts that can be combined or "stacked" on a single purchase to provide consumers with greater savings than would be available from any single discount alone.

Selling Price

The price at which a good or service is offered to the public.