Choosing a sales compensation plan is an important decision. However, there is no one size fits...

80.2K

Verified Solution

Question

Finance

  1. Choosing a sales compensation plan is an important decision.However, there is no one size fits all approach. What are some ofthe factors involved in the compensation process? Are there anybest ways to compensate sales personnel? After reviewing thisweek’s resources and your research, in your own words identify atleast three factors involved in the compensation process. AndYOU must Share with your classmates your plan and why you feel itwill be effective and adequately motivate your sales team towardsorganizational goals.

Answer & Explanation Solved by verified expert
4.1 Ratings (857 Votes)
Some of the factors involved in the compensation process 1 Compensation needs to be commensurate with the demands of the job and the skill and experience and qualification required for the job 2General price    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students