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Describe the Two Different Compensation Philosophies

question 98

Essay

Describe the two different compensation philosophies.


Definitions:

Customers

People who populate the segments of a market served by the offering.

Frequency

The rate at which something occurs over a particular period of time or in a given sample.

Franchise

A type of license purchased by a franchisee from an existing business called a franchisor to allow them to trade under the name of that business.

Marketing

The action or business of promoting and selling products or services, including market research and advertising.

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