A recently opened car dealership uses an incentive compensation plan for its sales people. The dealer provides money to its salespeople to cover basic living expenses and then shares a fixed percentage of the selling price of each car sold
However, the salesperson should repay the subsistence pay component within a year; otherwise he/she cannot continue in the employment of this dealer. Which type of sales compensation plan does this dealer adopt?
A) salary-plus-bonus
B) salary-plus-commission
C) commission-plus-draw
D) commission only
Answer: C
Business
You might also like to view...
In a product-oriented layout, what is the process of deciding how to assign tasks to workstations?
A) station balancing B) process balancing C) task allocation D) assembly-line balancing E) work allocation
Business
In 1995, the Rubber Workers merged with the
a. Harness Makers. b. Hatters. c. Steelworkers. d. Millinery Workers.
Business