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question 165

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Recognize various forms of sales personnel compensation, including commissions, bonuses, and non-financial rewards.
Learn about sales management functions, including planning, directing, and controlling sales activities.
Understand the traits and personal attributes that contribute to a salesperson's success.
Understand the dynamics of the sales process and the importance of closing sales.

Definitions:

External Factor

Influences, trends, or variables originating outside of an organization that can affect its performance and decision-making.

Employer's Ability

An organization's capacity to meet its obligations, including paying salaries, providing benefits, and maintaining a safe work environment.

Salaried Employee

An employee who is paid a fixed salary rather than an hourly wage, typically receiving payment on a monthly or biweekly basis.

Piece-Rated Employee

A worker whose pay is based on the number of items produced or tasks completed, rather than time spent on the job.

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