Examlex
When remunerating salespeople, commissions are advantageous as they are an incentive for a salesperson to sell more as they are directly tied to _______ levels.
Relative Measurements
Relative measurements assess the value or performance of something in comparison to other items or benchmarks.
Absolute Measure
A quantitative metric that represents objective data or values, without comparison to other measures or relative benchmarks.
Supply Chain
A network of businesses, people, activities, information, and resources involved in moving a product or service from supplier to customer.
Relative Measure
A metric that compares performance, values, or other quantifiable factors to a standard or to each other instead of using absolute numbers.
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