Examlex

Solved

You Are Offered a Sales Position and Given a Choice

question 135

Essay

You are offered a sales position and given a choice of salary plus a small commission or straight commission. What are the advantages and disadvantages of each?


Definitions:

Lowest Terms

The most basic version of a fraction, in which both the top number (numerator) and bottom number (denominator) are minimized to their lowest possible values.

Mixed Numbers

Numbers that contain both an integer and a fraction part.

Improper Fractions

Fractions in which the top number (numerator) is equal to or higher than the bottom number (denominator), signifying a value of at least one.

Lowest Terms

The simplest form of a fraction, where the numerator and denominator are reduced to their smallest possible values.

Related Questions