There Are Three Commonly Used Compensation Plans

question 272

Multiple Choice

There are three commonly used compensation plans:

• A)Percentage of sales, percentage of profits, and straight salary.
• B)incremental salary, input based commission, output based commission.
• C)straight salary, straight commission, and graded scale competitive pay.
• D)straight salary, straight commission, and a combination of salary and commission.
• E)straight commission, graduated profits, and a combination of salary and commission.

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Definitions:

Communication

The process of exchanging information, ideas, thoughts, and feelings through speaking, writing, or other mediums.

Environmental Pricing Strategy

Pricing methods that incorporate environmental costs, encouraging sustainable consumer behavior and product design.

Corporate Accountability

The responsibility of corporations to be answerable for their actions and decisions, particularly regarding their impact on society and the environment.

Sustainability Strategies

Approaches and practices designed to meet present needs without compromising the ability of future generations to meet their own needs, often focusing on environmental, economic, and social pillars.