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The purpose of the sales force compensation metric is to determine the mix of salary, bonus, and commission that will maximize sales generated by the sales force. When designing a compensation plan for a sales force, managers face four key considerations: level of pay, mix between salary and incentive, measures of performance, and performance ...
Commission (remuneration) Commissions are a form of variable-pay remuneration for services rendered or products sold. Commissions are a common way to motivate and reward salespeople. [1] Commissions can also be designed to encourage specific sales behaviors. For example, commissions may be reduced when granting large discounts.
Chamber of Furniture Industries of the Philippines (CFIP) is a non-stock, non-profit trade association of furniture manufacturers, suppliers and service providers in the Philippines. The association was established in September 1966 and incorporated in 1967. It operates the annual Philippine International Furniture Show .
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On-target earnings. " On-track " or " on-target " earnings ( OTE) is a term [ 1] often seen in job advertisements, especially for sales personnel. It is the expected total pay, if performance matches the expected targets. Actual pay may be higher or lower. The typical pay structure may be composed of a basic salary with an additional amount of ...
Clean air delivery rate (CADR) is the amount of clean air an air cleaner provides to a room or space. When determining CADR, the amount of airflow in a space is taken into account. For example, an air cleaner with a flow rate of 30 cubic metres (1,000 cu ft) per minute and an efficiency of 50% has a CADR of 15 cubic metres (500 cu ft) per minute.
Romblon (/ r ɒ m ˈ b l oʊ n / rom-BLOHN, Tagalog:), officially the Province of Romblon, is an archipelagic province of the Philippines located in the Mimaropa region.Its main components include Romblon, Romblon, an archipelagic municipality of the same name that also serves as the provincial capital; Tablas, the largest island, covering nine municipalities (including Odiongan, the largest ...
Real estate agent. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [ 1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the ...