Basis of Charge Examples
Example 1:
In the past year, drug companies have reined in discounts to HMOs by tying discounts to demands that an HMO's business had to visibly increase a maker's market share or revenues.
(SIC 2834-Year 1997)
Explanation: The Basis of the Charge, which is a discount or credit for the customer, is a result achieved by the customer in increasing the revenues of the supplier. (Basis of Charge: Result Achieved)
Example 2:
Yuengling kept its beer at the original, lower price in its home county. Thus, Yuengling drinkers in Pottsville can get a Yuengling brew at home for 40 cents, compared with $2.50 at other locations.
(SIC 2082-Year 1993)
Explanation: The Basis of Charge is a unit of volume. (Basis of Charge: Volume)
Example 3:
Carriers in several big markets are cutting cellular phone prices, and even offering them for free. Bell Atlantic-Nynex further cut the price of a cell phone, already a steal at $40 in early January, to $5 for new customers who sign up before January 31.
(SIC 4813-Year 1996)
Explanation: The Basis of the Charge for the telephone is a charge that is contingent upon the occurrence of a specific event. The customer is able to purchase a cell phone for only $5 provided that the customer has signed a contract for cellular services before a certain date. (Basis of Charge: Event Occurrence)
Example 4:
Fleming raised prices high above the manufacturers on a range of products. For example, a case of plastic grocery bags was $20.67, far higher than the $14 from the manufacturer.
(SIC 5141-Year-1996)
Explanation: The Basis of Charge for the grocery bags was an amount per package of bags. (Basis of Charge: Package)
Example 5:
North Carolina Wesleyan cut tuition for incoming students 23%. So did the University of Rochester, Pine Manor, Waldorf College, Muskingum College.
(SIC 8200-Year1996)
Explanation: The Basis of the Charge is an amount per user, in this case a student. (Basis of Charge: User)