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When Coca-Cola pays their sales agents with varying salary based on their rank, the company employs what compensation method? *   a. Straight commission b. Combination c. Straight salary d. Varied compensation plan

When Coca-Cola pays their sales agents with varying salary based on their rank, the company employs what compensation method? *   a. Straight commission b. Combination c. Straight salary d. Varied compensation plan

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1. When Coca-Cola pays their sales agents with varying salary based on their rank, the company employs what compensation method? *
 
a. Straight commission
b. Combination
c. Straight salary
d. Varied compensation plan
 
2. Let’s say that last November you have sold 10,000 pieces of chrysanthemum at 25 pesos each. For every piece sold, you will be given a commission of 10%. What was your sales volume? *
 
a. 250,000
b. 10,000
c. 25,000
d. 225,000
 
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