The Commission Method of Payment

question 277

Multiple Choice

The commission method of payment:

• A) includes some salary and some commission.
• B) offers the most security for the salesperson.
• C) offers the most incentive for the salesperson.
• D) is tied to results projected in the sales plan.
• E) increases the amount of sales supervision needed.

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Definitions:

Mean

A statistical measure representing the central or typical value in a set of data, calculated by dividing the sum of all values by the number of values.

Correlations

Statistical measures that describe the extent to which two or more variables fluctuate together, indicating a relationship but not causation.

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