Commission simply means a form of variable-pay remuneration for services that are rendered or products sold.
<h3>What is commission?</h3>
Your information is incomplete. Therefore, an overview will be given. A commission is a payment that an employee makes based on a sale.
For example, when an employee sells a product for $500 and they get a 10% commission on all sales, then the employee will earn $50 on that sale.
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Answer:
The answer options to this question would be the following:
a. ethical misdemeanor
b. conflict of interest
c. ethical lapse
d. ethical dilemma
The correct answer is: c. ethical lapse.
Explanation:
An ethical lapse is not one that shows a total lack of integrity, but only an oversight or a blind spot in ethics. Ethical lapses may or may not be large-scale, private or publicized and are illegal within the law or immoral.
Only the term lapse within the legal scope is also used to mention the time that exists between two established limits and during which a specific procedural action can be responded to. As a general rule, it will be established by law although, in some cases and when it authorizes it, the judge will be in charge of determining them.
Answer:
The answer would be company press release, correspondence with suppliers, and the company’s client newsletter.
Explanation:
These options are correct since it involves communicating with people who are not part of the company, which are suppliers (correspondence), clients (newsletter), and the media and general public (press release). The last option, an employee’s notification of salary increase is incorrect since it is a form of internal communication instead.
Answer:
Demand is elastic.
Explanation:
The price of hand calculators falls from $10 to $9.
The quantity demanded increases from 100 to 125.
The price elasticity of demand is the measure of the degree of responsiveness of quantity demanded to a change in price.
The price elasticity of demand
=
=
=
= -2.5
The price elastcity of demand is more than 1, this implies that the demand is elastic.
Answer:
The correct option is the statement that reads " If a firm commits to making its environment a good place to work,workers will not leave"
Explanation:
The most qualified employees are always been poached because of the value they add to any organization,hence the first statement is absolute truth.
The second statement is wrong because there the best working environment cannot stop people from resigning,what in case someone needs to study masters abroad?
A certain level of turnover is healthy since it paves from for new hands with fresh perspective to be hired.
However, when turnovers becomes excessive,it implies a fundamental problem with the workplace.