When After Completing an 18-Week Sales Training Program, Joshua Was

question 47

Multiple Choice

When after completing an 18-week sales training program, Joshua was told, "You will be paid 4 percent on net dollar volume up to $10 million. Sales in excess of $10 million command a rate of 6 percent." The company Joshua works for is using a __________for him after he completes his sales training program.

• A)straight sales compensation plan
• B)combination compensation plan
• C)straight commission compensation plan
• D)sales response compensation plan

Analyze the impact of aggregate demand and supply shifts on equilibrium in the short run and long run.

Recognize the factors that influence long-run aggregate supply and demand, including technological changes and resource availability.

Understand the concept of potential output and how it is affected by economic factors.

Interpret the effects of beneficial and adverse supply shocks on the economy.

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Definitions:

Constructive

Relating to or characterized by building up, improving, or contributing positively to something.

Significant

Having a particularly important, notable, or consequential value or impact.

Persistent Annoyance

A continuous or recurring irritation that may affect one's performance, mood, or interactions negatively.

Self-serving Bias

A cognitive bias where individuals attribute their successes to internal factors and their failures to external factors.