A Draw Would Most Likely Be Given a Salesperson Who

question 42

Multiple Choice

A draw would most likely be given a salesperson who is asked to work under a(n) :

• A)straight salary plan.
• B)bonus plan.
• C)incentive pay plan.
• D)straight commission plan.
• E)an artistic plan.

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Definitions:

Dealer Market

A financial market mechanism wherein buy and sell transactions are made through a dealer, or market maker, rather than through a centralized exchange.

Auction Market

A marketplace where buyers and sellers enter competitive bids simultaneously, with the price determined through the interaction of these bids.

NASDAQ

A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks.

NYSE

The New York Stock Exchange (NYSE) is one of the largest stock exchanges in the world, where public companies' stocks are bought, sold, and traded.