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ECR, QR, AR, and JIT Systems Help Retailers

question 11

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ECR, QR, AR, and JIT systems help retailers:


Definitions:

Sales Incentive Plan

A reward program implemented by businesses to motivate sales personnel to achieve targeted sales goals and enhance performance.

Pay-for-performance

A compensation strategy where employees' pay is based on their performance, often measured against pre-defined targets or metrics.

Employee Performance

The assessment of an employee's work and outcomes, usually in relation to predetermined objectives or criteria set by their employer.

Straight Commission

A compensation method where an employee's pay is based purely on the sales they generate, typically as a percentage of the sales revenue.

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