An Informal Communications Network Is Known as a

question 171

Multiple Choice

An informal communications network is known as a

• A) memo.
• B) company newspaper.
• C) chain of command.
• D) grapevine.
• E) bulletin board.

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Definitions:

Principals

The original amount of money invested or loaned, on which basis interest and returns are calculated.

Total Commission

The entire amount of money earned by an individual or a company as a result of successfully completing a sale or series of sales.

Commission Payment Plans

Arrangements where salespersons or employees are paid based on their sales or performance, usually as a percentage of the revenue they generate.

Net Proceeds

The total amount received by a seller after all costs and expenses are deducted from the gross proceeds of a sale.