Straight Commission Plans

question 29

Multiple Choice

Straight commission plans:

• A) imply that the employees receive a straight salary.
• B) are useful when the organization wants salespeople to concentrate on listening to customers.
• C) help to attract employees risk-averse employees.
• D) are common among insurance and real estate agents.
• E) are not common among car salespeople.

---

Definitions:

Calculated

Determined by mathematical methods; involving the process of using mathematical or logical techniques to derive a result.

Measure

A method or tool used to quantify or evaluate a variable or quantity.

Schedule

A plan that outlines tasks, activities, or events, including their intended start and finish times, in a structured sequence.

Current Ratio

A financial metric indicating how well a company can fulfill its immediate liabilities, using the formula of dividing its current assets by its current liabilities, specifically for debts due within one year.