This question contains two parts; be sure to answer both.
First, explain at least four of the six types of compensation plans, giving an example of each.
Next, imagine that you manage a medium-sized office that is trying to increase its profitability by cutting its expenses, such as office supplies, electricity, rent, and telephone bill. Which type of compensation plan would be most motivating to you in this situation? Why?

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The Answer of This question contains two parts; be sure to answer both.
First, explain at least four of the six types of compensation plans, giving an example of each.
Next, imagine that you manage a medium-sized office that is trying to increase its profitability by cutting its expenses, such as office supplies, electricity, rent, and telephone bill. Which type of compensation plan would be most motivating to you in this situation? Why?

This Question Contains Two Parts; Be Sure to Answer Both