Question

What is meant by subscription?

Answer 1

Hi,your answer is:

A subscription is a relatively new business model by which a customer agrees to pay the company for products or services throughout a specified time-period.

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Answer 2

Explanation:

In case of Not-for-profit organisation Subscription is the main source of income. A subscription is basically the amount of money paid by the members on periodic basis for keeping their membership with the organisation continue.