With Compensation Plans That Combine Fixed and Variable Pay,companies May

question 100

Essay

With compensation plans that combine fixed and variable pay,companies may link the variable portion of a salesperson's pay to a wide variety of goals.Identify some of these goals.

---

Definitions:

Per Capita GDP

A measure of a country's economic output that accounts for its number of people, essentially dividing the GDP by the population.

Scatterplot

A graph that uses dots to represent values obtained for two different variables, showing the relationship between them.

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together.

Regression

In statistics, the act of estimating the relationship between variables, allowing for the prediction of one variable based on the value of another.