Commerce Glossary
A comprehensive resource to help you master the language of commerce.
What commerce term are you interested in?
Search Results for ""...
What is Average Cost of Service?
av - er - age cost of ser - vice
noun
This is a business metric that shows the total costs involved in providing a service.
How Does the Average Cost of Service Work?
Average Cost of Service is calculated by tracking all the costs directly involved in manufacturing and handling a product or delivering a service.