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An furniture salesperson sells a couch for $1,560. she receives a 2.75% commission on the sale of the couch. She earns $41.9 means total is $1609.1 on the sale.
A type of variable-pay compensation for goods or services sold are commission. Salespeople are frequently encouraged and rewarded with commissions. Additionally, commissions can be created to promote particular sales habits. For instance, commissions may be decreased while providing significant discounts. Or commissions might be raised when promoting particular goods that the company wishes to sell. The framework of a sales incentive program, which may comprise one or more commission plans, is where commissions are normally administered (each typically based on a combination of territory, position, or products). As a strategy for businesses to try to realign employee interests with those of the company, payments are sometimes calculated as a proportion of revenue. It is however possible to use models other than percentages, such as profit-based or bonus-based techniques. Instead of only being paid hourly or based on attempted sales, commissions allow sales employees to be compensated (in part or totally) depending on the goods or services actually sold.
To know more about commission please refer: https://brainly.com/question/28031464
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