Asked by R E C I P E on Sep 24, 2024
If a car salesman is paid a fixed commission when he sells a car,the owner is most likely to see
A) Large margins on sales
B) Low margins on sales
C) No sales
D) None of the above
Commission
A fee paid to an agent in a transaction, typically calculated as a percentage of the sale price.
Car Salesman
A person who sells new or used vehicles at a dealership.
Margins
The difference between the selling price of a good or service and its cost of production, often expressed as a percentage of the selling price, indicative of profitability.
- Explore the impact of compensation structures on employee behavior and organizational outcomes.
Learning Objectives
- Explore the impact of compensation structures on employee behavior and organizational outcomes.