Payment Based on Short-Term Results,usually a Salesperson's Dollar or Unit

question 32

Multiple Choice

Payment based on short-term results,usually a salesperson's dollar or unit sales volume,is called ________________.

• A)Salary
• B)Benefits
• C)Intrinsic rewards
• D)Commission
• E)Incentive pay

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Definitions:

Stock Markets

Markets where shares of publicly held companies are issued and traded, serving as a platform for buying and selling stocks.

Milton Friedman

An influential American economist known for his strong belief in free-market capitalism and for challenging Keynesian economics.

Lottery

A form of gambling that involves drawing numbers at random for a prize, often run by states or organizations as a way to raise funds.

Federal Reserve

The central banking system of the United States, responsible for implementing the country's monetary policy.