Why might a company that highly values building long-term relationships with customers be reluctant to use a sales force compensation strategy that focuses on commissions?

What will be an ideal response?


Salespeople who are motivated primarily by closing sales to earn commissions may focus too much on short-term sales and not enough on developing a long-term, mutually beneficial relationship with customers.

Business

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A debit card is a method of payment whereby a third party, for a fee, removes from the collector the risk of non-collection of the account receivable

Indicate whether the statement is true or false

Business

Accepting gifts from suppliers and vendors is not a problem so long as no bid decisions are pending

Indicate whether the statement is true or false

Business

Institutional investors play important roles in financial markets. Explain

What will be an ideal response?

Business

For sample sizes greater than 30, the sampling distribution of the mean is approximately normally distributed:

a. regardless of the shape of the population. b. only if the shape of the population is symmetric. c. only if the population is normally distributed. d. None of these choices.

Business