Beth is creating a compensation program for a new territory in China, what effects the type of package she creates it?
A)Currency exchanges.
B)Local costs of living.
C)Base-commision packages.
D)All of the above.

Question

Quizplus · Accepted Answer

The type of compensation package created by Beth will be affected by currency exchanges since the value of the currency in the new territory can fluctuate, affecting the buying power of the compensation package. The local costs of living will also influence the compensation package as the cost of living can vary widely around the world. Finally, base-salary and commission packages are commonly used to incentivize sales teams, and may be especially important in a new territory where building customer relationships and generating revenue may be more challenging.

Beth Is Creating a Compensation Program for a New Territory