In Which Type of Reward System Are Awards or Prizes

question 45

Multiple Choice

In which type of reward system are awards or prizes given at a specific rate as accomplishments occur.

• A)Merit-Based rewards
• B)Piece-rate incentives
• C)Scanlon Plan
• D)Incentive-based rewards

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Definitions:

Resellers

Businesses or individuals that purchase goods from manufacturers or wholesalers to sell them to the end consumer, often adding value through services or support.

Personal Selling

A form of direct marketing involving face-to-face interaction between a salesperson and a potential buyer to close a sale.

Order Taking

The process of recording or receiving orders for goods or services from customers.

Order Getting

The process of securing purchase orders from customers, often involving direct personal selling and negotiation.