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How can a retailer minimize the time required to resolve customer complaints?
Merit Pay
Compensation increase awarded based on individual performance evaluation.
Individual Performance
The measure of the efficiency and effectiveness of an employee's work activities and outputs.
Sales Commissions
A compensation method in which sales professionals are paid a percentage of the sales they generate.
Profit-Sharing Plans
A type of incentive plan that gives employees a share in the company’s profits based on its quarterly or annual earnings, promoting a sense of ownership and participation.
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