Examlex
In retailing,market share is usually an objective for only small retailers or independents.
ERG Theory
A theory of human motivation that categorizes needs into three groups: Existence, Relatedness, and Growth, suggesting that individuals seek to fulfill these needs in a hierarchical order.
Existence Needs
Basic human needs for physiological and material well-being, such as food, shelter, and safety, based on Abraham Maslow's hierarchy of needs.
Perceived O/I Ratio
The perceived ratio of outputs (rewards) to inputs (efforts), often used in organizational psychology to explain motivation and job satisfaction.
Sales Commissions
A part of compensation given to sales employees based on the volume or value of sales they have generated.
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