Certified Meeting Professional (CMP) Practice Exam

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Study for the Certified Meeting Professional (CMP) Practice Exam. Prepare with flashcards and multiple-choice questions, each accompanied by hints and detailed explanations. Get ready for your CMP certification!

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What type of fees do ASPs typically charge?

  1. Flat fees only.

  2. Per person or percentage fees.

  3. Subscription-based fees.

  4. One-time setup fees.

The correct answer is: Per person or percentage fees.

The choice indicating that ASPs typically charge per person or percentage fees is accurate because many Application Service Providers (ASPs) align their pricing structures to reflect the number of users or the scale of usage. This model allows for flexibility, accommodating varying levels of service and making it easier for clients to budget according to their specific needs. By charging based on usage, ASPs can cater to both small and large clients, ensuring that costs are proportional to the extent of the services rendered. The other pricing models like flat fees, subscription-based fees, and one-time setup fees may indeed be utilized in some contexts or by specific providers, but the prevalent approach among ASPs is to tie costs to actual usage, making the per person or percentage fee structure more common in the industry. This model supports adaptability and can provide a more tailored client experience.