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grigory [225]
3 years ago
12

Two successful firms are observed with quite different compensation plans for their salespeople. One firm pays its salespeople o

n a commission basis, whereas the other firm pays its salespeople fixed salaries. Do you think that one of the two companies is making a mistake? Explain.
Business
2 answers:
cricket20 [7]3 years ago
5 0

Answer:

Salary and Commission compensation benefit has its pros and cons. However, The Company that adopts Salary Compensation benefit might be making a mistake.

Explanation:

If you pay salesmen a straight salary, some may have limited motivation to exceed basic expectations. However, commission based remuneration is pro performance in that drive salesmen to set more aggressive goals, work through obstacles and rejection to meet their target for a particular period.

Businesses that pay fixed salaries incur higher overhead costs because you have to pay whether you are making profits or not. But the case is different in Commission based compensation benefit where the risk is shared and commission is only paid when money is made.

jasenka [17]3 years ago
5 0

Answer:The firm who pays on fixed salary is making a mistake.

Explanation: A compensation plan this is the total package which shows details of an employee's salary, wage, terms of payment, and benefits. They also includes comission and bonuses to be paid to employees.

Both firms have different compensation plans, for their ‘salesperson’. firm A would benefit more from paying a commission to their employees because this means they would only have to pay the employee if there is a sale ( or for job done.). This cancels the need to pay employee's for work which does not result in sales. Unlike Firm B who operates on a fixed salaries which translates to having to pay employee's salary even when they are not productive.

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In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire wor
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Answer:

(B) the macroeconomy

Explanation:

The condition of the macroeconomy would exert the most influence of a firm's decision to hire more workers. As economic growth increases and demand grows, the firm is likely to hire more workers to meet increasing demand for its goods. On the other hand, in an economic recession, the firm is likely to hire less and even lay off its existing workers as demand for its goods reduces.

Option A is incorrect as a firm would not hire more workers even at low wage levels if the economy is in a recession. Option C is incorrect as the level of a firm's income would likely not be considered in its hiring decision if demand for its goods was very high. Option D is incorrect as the household income would likely not be considered by the firm in its hiring decision.

8 0
3 years ago
Which of the following is the main incentive for a manufacturer to sell a product?
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D. making profits on sales
7 0
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Other things the same, if workers and firms expected prices to rise by 2 percent but instead they rise by 3 percent, then in the
eduard

Answer:

the answer is  d

Explanation:

Other things the same, if workers and firms expected prices to rise by 2 percent but instead they rise by 3 percent, then in the short run employment and production falls.

because workers and firms does not prepared for this change,for one hand workers  will  percieve minor wages and they prefer   not work  ,as a consequence the production falls because the firm does not have enough people t acomplish the production.

4 0
3 years ago
Josh is convinced that subgroups exist within his company's current customer base. Further, he believes that these different gro
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Answer: Clustering

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Thus, John should opt for Cluster by making subgroups for the flow of information.

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Product placement, also known as embedded marketing, is a marketing technique that places references to a particular brand or product in another production. B. You can integrate movies and TV shows.

Embedded marketing is another term for product placement because the product is embedded in another form of media. This placement of branded goods and services is common in entertainment, i.e. movies and television.

The focus is on products and their uses, not on specific brands. For example, if you see a television advertisement for beef or pork, you may receive an advertising message from either the Cattlemen's Beef Commission or the National Pork Commission.

A marketing technique where references to specific brands or products are incorporated into another work, such as a film or television program, with specific promotional intent.

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brainly.com/question/15611949

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6 0
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