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  2. Sales force compensation - Wikipedia

    en.wikipedia.org/wiki/Sales_force_compensation

    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-payout relationships.

  3. Commission (remuneration) - Wikipedia

    en.wikipedia.org/wiki/Commission_(remuneration)

    Commissions allow sales personnel to be paid (in part or entirely) based on products or services sold, rather than just hourly or based on attempted sales. Although many types of commission systems exist, a common methodology to manage total spend is known as on-target earnings. On-target earnings represent a salesperson's base pay, plus ...

  4. Automobile salesperson - Wikipedia

    en.wikipedia.org/wiki/Automobile_salesperson

    As Valerie Biden Owens explained, Joe Biden Sr. left automobile sales for real estate when his son Joe Biden Jr. was elected to the United States Senate in 1972, because "he didn't want a United States senator to have a used-car salesman for a dad." [2] It is a common theme for the "used car salesman" to be cast as a shyster in popular culture.

  5. Gross dealer concession - Wikipedia

    en.wikipedia.org/wiki/Gross_Dealer_Concession

    The commission that the agent receives is usually a percentage of this figure, although some firms like Merrill Lynch use figures called Production Credits, usually smaller than GDC, to determine payouts and retain more revenue. For example, a mutual fund with a 5.75% sales charge is sold to someone who invests $10,000.

  6. List of countries by motor vehicle production - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_motor...

    Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Special pages; Help; Learn to edit; Community portal; Recent changes; Upload file

  7. List of automotive manufacturers by production - Wikipedia

    en.wikipedia.org/wiki/List_of_automotive...

    The summary chart includes the five largest worldwide automotive manufacturing groups as of 2017 by number of vehicles produced. Those same groups held the top 5 positions 2007 to 2019; Hyundai Motor Group had a lower rank until it took the fifth spot in 2007 from the at that time split German-American auto manufacturer DaimlerChrysler, while Ford became surpassed by Honda in 2020, and even ...

  8. Hourly worker - Wikipedia

    en.wikipedia.org/wiki/Hourly_worker

    As of October 2023, France has the highest hourly minimum wage at $13.80 per hour. [1] The United States has a comparatively low minimum wage for hourly workers at $7.25 per hour. Unusually, this rate does not apply to tipped employees, who are only entitled to an hourly wage of $2.13, which contributes to a strong tipping culture in the country.

  9. 2-opt - Wikipedia

    en.wikipedia.org/wiki/2-opt

    In optimization, 2-opt is a simple local search algorithm for solving the traveling salesman problem. The 2-opt algorithm was first proposed by Croes in 1958, [1] although the basic move had already been suggested by Flood. [2] The main idea behind it is to take a route that crosses over itself and reorder it so that it does not.