Robert Finney is a sales representative for a large consumer products manufacturer. He is having a good sales year. At the end of the second quarter of the year, he had sold $1,000,000 worth of products for which he received $25,000 in commissions. By the end of the year, he had sold a total of $2,000,500 worth of products and had earned $45,007.50 in total commission for the year. Mr. Finney's commission rate is:
A) fixed
B) regressive
C) progressive
D) curvilinear
Correct Answer:
Verified
Q22: Angela Claridge is a sales representative who
Q23: The factors that determine the basic level
Q24: Sales managers must decide what proportion of
Q25: _ rates, which steps up the percentage
Q26: Reductions in the percentage of commission or
Q28: Managers must _any compensation plan before adopting
Q29: There is considerable controversy regarding pay secrecy
Q30: Straight salary plans are best in all
Q31: Which of the following compensation plans is
Q32: As a method of compensation, straight salary
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents