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xxMikexx [17]
3 years ago
12

Every Monday during the month of December, salespeople who had the highest sales the previous week participated in a balloon sur

prise, where each would receive a balloon containing either a $50 or a $100 bill. This short-term incentive is known as a
a. rebate.
b. sales contest.
c. salary.
d. commission.
e. bonus
Business
1 answer:
Liula [17]3 years ago
6 0

Answer:

b. sales contest. (direct)

Explanation:

This is a sales contest as motivates and creates incentives for the sales people to increase their sales volume in comparisson with other salespeoples.

There are three types of sales contest:

<u>Direct:</u> between the sales peoples during a certain type(a week, month or quearter)and a certain number is the winner (the first, the top 5 etc)

<u>Team: </u> Teams are created and the prizes are for the whole group

<u>Goal:</u> rewards are given for the acomplishment of a goal (X sales or Y sales in dollar or number of new client)

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Answer:

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Explanation:

Mathematically;

TU = U1+MU2+MU3+MU4+MU5

TU = Total utility

U1= utility of 1st product of good Y

MU2= Marginal utility of 2nd product of good Y.............

MU5= Marginal utility of 5th product of good Y

Solution:

TUy= 15+15+10+7+3

TUy= 50.

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