Fixed Pricing

Fixed pricing is a pricing strategy used in training, for which one price is paid for all the activities within a training function or program, regardless of the number of activities consumed. This is generally used in outsourcing engagements, in which suppliers are payed a fixed price for a particular amount of time, regardless of the amount of work or activity.

One example of fixed pricing is when organizations source e-learning courses from training suppliers; an organization pays a fixed fee (for the year) to license the courses, despite how many students take the training during that time.

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