Examlex
Bombay Gifts divides its markets into units of nations,regions,and cities.Bombay uses geographic segmentation.
Straight Piecework
A compensation system where workers are paid a fixed rate for each unit produced or action performed, regardless of time.
Certain Rate
A specified value or quantity used as a standard measure or indicator, often in financial or statistical contexts.
Merit Raises
An increase in salary based on an employee's performance, often determined through evaluations, recognising their contributions and achievements.
Performance Declines
A decrease in the efficiency, productivity, or output quality of an individual or organization over time.
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