Examlex
Identify the following term(s).
-Levant
Sales Competition
A contest among sales personnel or teams to motivate them to increase sales performance and achieve specific targets.
Sales Territory
A designated geographical area assigned to a salesperson or team where they are responsible for conducting business activities.
Merit Pay
A compensation strategy that offers pay increases or bonuses to employees based on their performance accomplishments or achievements, rather than their position or seniority.
Base Pay
The initial rate of compensation an employee receives, not including benefits, bonuses, or any other potential earnings.
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