university subscription service!

university subscription service

Comprehensive Analysis

1) "University" -- As to university subscription service uni·ver·si·ty Pronunciation: "yü-n&-'v&r-s&-tE, -'v&r-stE Function: noun Inflected Form(s): plural -ties Etymology: Middle English universite, from Anglo-French université, from Medieval Latin universitat-, universitas, from Latin universus 1 : an institution of higher learning providing facilities for teaching and research and authorized to grant academic degrees; specifically : one made up of an undergraduate division which confers bachelor's degrees and a graduate division which comprises a graduate school and professional schools each of which may confer master's degrees and doctorates 2 : the physical plant of a university Pronunciation Symbols For a list of universities around the world, see Lists of colleges and universities. Representation of a university class, 1350s.

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A university is an institution of higher education and research, which grants academic degrees at all levels (bachelor, master, and doctorate) in a variety of subjects. A university provides both tertiary and quaternary education. The word university is derived from the Latin universitas magistrorum et scholarium, roughly meaning "community of masters and scholars".

Relative to the above definition, there is controversy as to which university is the world's oldest. Takshashila University^[1] may be the earliest, his..."

2) "Subscription" -- As to university subscription service

The subscription business model is a business model that was pioneered by magazines and newspapers, but is now used by a myriad of businesses. Rather than selling products individually, a subscription sells periodic (monthly or yearly) use or access of a product or service. Thus a one-time sale of a product becomes a recurring sale and builds brand loyalty.

Industries which use this model include book clubs, record clubs, telephone companies, cable television providers, cell phone companies, internet providers, pay-TV channels, software providers, business solutions providers, financial services firms, fitness clubs and newspapers and magazines.

Renewal of a subscription may be automatic periodic where the cost of a new period is automatically paid for by a pre-authorized charge to a credit card or a checking account.

The razor and blades business model (also called the bait and hook model) is an attempt to approximate the subscription model, but without a formal agreement by both parties.

Membership fees to some types of organisations, such as trade unions, are also known as subscriptions.

One can distinguish different categories of subscriptions:

• A subscription for a fixed set of goods or services, such as one copy of each issue of a newspaper or magazine.
• A subscription for unlimited use of a service or collection of services-- usage may be personal and non-transferable, for a family, or under certain circumstances, for a group utilizing a service at one time. For example, a subscription to a railpass by a com..."
  

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  3) "Service" -- As to university subscription service

  ¹ser·vice
  Pronunciation: 's&r-v&s
  Function: noun
  Etymology: Middle English, from Anglo-French servise, from Latin servitium condition of a slave, body of slaves, from servus slave
  1 a : the occupation or function of serving <in active service> b : employment as a servant <entered his service>
  2 a : the work performed by one that serves <good service> b : HELP, USE, BENEFIT <glad to be of service> c : contribution to the welfare of others d : disposal for use <I'm entirely at your service>
  3 a : a form followed in worship or in a religious ceremony <the burial service> b : a meeting for worship -- often used in plural <held evening services>
  4 : the act of serving : as a : a helpful act <did him a service> b : useful labor that does not produce a tangible commodity -- usually used in plural <charge for professional services> c : SERVE
  5 : a set of articles for a particular use <a silver tea service>
  6 a : an administrative division (as of a government or business) <the consular service> b : one of a nation's military forces (as the army or navy)
  7 a : a facility supplying some public demand <telephone service> <bus service> b : a facility providing maintenance and repair <television service>
  8 : the materials (as spun yarn, small lines, or canvas) used for serving a rope
  9 : the act of bringing a legal writ, process, or summons to notice as prescribed by law
  10 : the act of a male animal copulating with a female animal
  11 : a branch of a hospital medical staff devoted to a particular

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  In economics and marketing, a service is the non-material equivalent of a good. Service provision has been defined as an economic activity that does not result in ownership, and this is what differentiates it from providing physical goods. It is claimed to be a process that creates benefits by facilitating either a change in customers, a change in their physical possessions, or a change in their intangible assets.

  By supplying some level of skill, ingenuity, and experience, providers of a service participate in an economy without the restrictions of carrying stock (inventory) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require marketing and upgrading in the face of competition which has equally few physical restrictions.

  Providers of services make up the Tertiary sector of industry.

  1 Key attributes 2 Service delivery 3 The service-goods continuum 4 List of economic services 5 See also 6 Finding related topics

  Services can be described in terms of their main attributes.

  • Intangibility - They cannot be seen, handled, smelled, etc. There is no need for storage. Because services are difficult to conceptualize, marketing them requires creative visualization to effectively evoke a concrete image in the customer's mind. From the customer's point of view, this attribute makes it difficult to evaluate or compare services prior to experiencing the service.
  • Perishability - Unsold service time is "lost", that is, it cannot be regained. It is a lost economic opportunity. For example a doctor who is booked for only two hours a day cannot later work those hours— she has lost her economic opportunity. Other service examples are airplane seats (once the plane departs, those empty seats cannot be sold), and theatre seats (sales end at a certain point).
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    Further Data On Term for university subscription service

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