This Question Has Two Parts;be Sure to Answer Both

question 11

Essay

This question has two parts;be sure to answer both.First,what is the purpose of incentive plans? List the five keys to a successful incentive-pay plan.Second,imagine that you are the manager of a beauty salon that styles men's and women's hair,and also provides many other personal services,such as manicures,pedicures,and makeovers.What types of incentives might you give to your hair stylists to reward them for bringing in new customers? Give at least two specific examples of incentives at the beauty salon that are tied to realistic goals.

---

Definitions:

Service Firms

Companies that provide intangible products or services to customers rather than physical goods.

Intangible Costs

Costs that are not directly measurable or quantifiable, such as brand value, reputation, or employee morale.

Entry-Level Training

Training designed for individuals who are new to a particular field or occupation, focusing on the basic skills and knowledge needed to begin performing their job role.

Region/Community Level

The scale or scope of action, planning, or analysis that focuses on broader geographic areas or groups of people united by common interests or characteristics.