economy

definition of quota

> A fee is a fixed amount of money that is paid to an entity to receive a service in return. This is what happens with financial commitments between individuals and those entities or associations that provide some type of provision or service (for example, fees paid to social security, a club or an association).

Also in an economic sense, a fee is the proportional amount that an individual or group pays to an institution (in some entities different fees are charged: for children, for large families, for groups ...).

In most of its meanings, a quota is a payment commitment and its non-compliance is associated with some type of penalty (an economic sanction, loss of rights or ceasing to be part of a group).

In everyday life there are many types of fees: the one related to a sports club, the mortgage payment or those that are intended to purchase a product in installments. As a general rule, the amounts of the installments are fixed or with small variations (as is the case of the mortgage payment, which is subject to changes in bank interest). On the other hand, regularity in the payment of fees is something linked to a contract that specifies how many fees must be paid, in what way and under what conditions.

Market share

Companies sell their products or services within a competitive framework. In this context, each company tries to have the largest possible market, which is known as market share.

Companies carry out studies to establish how many customers they reach and how many they would like to reach. Market share is a numerical data and is a reflection of competitiveness in a sector. This concept is closely related to the commercial or marketing strategy of companies, which compete to capture the largest possible market share.

In a normal situation within an economic sector there is a rivalry of several companies, which share a market in different quotas. However, in some circumstances there may be a monopoly, which means that the market share of a company achieves an almost exclusive role, since the competitors are not strong enough to compete effectively.

Quota in a non-economic sense

In some circumstances, the quota is understood as the distribution of something based on some criteria. As the distribution is not always equal parts, the concept of quota is used with an idea of ​​proportionality or with a sense of justice. Let's imagine that the state presents 100 places destined to fill a job and, so that people with disabilities can aspire to one of these places under equal conditions, a reserve quota is established for this group. In this way, their initial inequality caused by their disability is balanced with a portion or quota of places exclusively for this group.

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