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2 years ago

Which job would most likely be paid salary plus commission?

Business

1 answer:

Svetllana [295]2 years ago

8 0

Answer:

Vehicle salesperson.

Explanation:

A sales commission is a percentage or a ration that a salesperson earns for each sale closed. In practice, sales commissions are used by many businesses as incentives to increase sales volumes. A salary plus commission mode of compensation means that the worker will have a fixed and regular salary, and extra pay for meeting set targets.

The vehicle salesperson will be most suited to earn the salary plus commission. This type of compensation will encourage the salesperson to explore more markets to increase sales figures. Sales performance influence profitability. The higher the sales, the better for the company.

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2 years ago

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2 years ago

A seller wants to sell her existing house and owes $290,000 on mortgage. At closing of the sale she will pay $1,400 in closing c

mote1985 [20]

Answer:

$ 363,880

Explanation:

The seller must cover the mortgage, closing costs, and brokerage fee. Once these expenses are covered, the down payment is added. This adds the minimum amount for the house price.

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Brokerage fee <u> 17,400</u> (6% * 290,000)

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3 years ago

As it advances on the ________, Boston Market has added pickup, delivery, and full-service catering to its original restaurant f

Andre45 [30]

Answer:

d. retail positioning matrix

Explanation:

In the example, it is noted that Boston Market has added value to its original restaurant format (with pickup, delivery...) on the one hand. On the other hand, they broadened the product line with the grocery foods. The two factors imply the axes of the <em>retail positioning matrix.</em>

The <em>retail life cycle</em> is an often confused topic that is similar to the <em>product life cycle</em> (which is related to products and services exclusively) conceptually. It consists of the following phases: innovation, growth, maturity and decline. Although this example can be correlated to the <em>innovation </em>phase of the retail life cycle, we cannot pinpoint the Boston Market's place on the retail life cycle curve, as we do not have info about its competitors, market share and other external info. Therefore, we cannot detect whether the company is in its up or down phase.

The <em>wheel of retailing</em> is an irrelevant concept, which refers to the tendency that most retailers enter a market in an extremely competitive manner (low cost, for example) and then becomes more exclusive (high cost, better reputation...).

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2 years ago

A product that represents a novel idea requiring little financial investment would be displayed in the ________ of the entrepren

Anit [1.1K]

Answer:

upper-left quadrant

Explanation:

A product that represents a novel idea requiring little financial investment would be displayed in the <u>upper-left quadrant</u> of the entrepreneurial strategy matrix.

A model of entrepreneurial venturing uses a four-cell matrix to identify proper business strategies. This matrix involves reducing risks and increasing innovation within a cell.

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2 years ago