Johnny Works at an Electronics Store

question 64

Multiple Choice

Johnny works at an electronics store.In addition to his salary,he receives 2 percent of the sales dollars he brings in each month.This extra 2 percent is called a

• A) commission.
• B) salary.
• C) bonus.
• D) reward.
• E) rebate.

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Definitions:

Sourcing

The process of finding and selecting suppliers or sources from which goods and services are obtained.

Public Relations Office

An office or department within an organization responsible for managing and guiding the public image and communications of the organization.

Media Regulation

The control or guidance of mass media by governments and other bodies to ensure compliance with laws, standards, and policies, often to protect public interest.

Horizontal Integration

A strategy where a company acquires or merges with other companies at the same level of the production process in the same or different industries to expand its operations or market.