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For each historical identification question, define the term and briefly describe its historical significance.
William and the Norman Conquest
Straight Commission Plan
A compensation plan based on a percentage of sales.
Percentage of Sales
A financial ratio that compares a company's expenses or profits to its total sales, often used to analyze efficiency or profitability.
Perquisites
Special nonmonetary benefits given to executives; often referred to as perks
Country Club Membership
Affiliation with a private club offering recreational sports and social activities, often including access to golf courses and dining facilities.
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