Which of the following employees derives their income from a fee for the items sold? a. commission b. piece rate c. salaried d. tip Please select the best answer from the choices provided
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The best answer is a. commission. In this setup, employees earn a percentage of the sales they directly generate, meaning their paycheck fluctuates based on their performance in selling items. It's a fantastic motivator, driving employees to increase their sales skills and techniques to boost income! Another fun insight is that commission structures can vary widely by industry. For instance, in real estate, agents often earn a commission of around 5-6% on property sales, while in retail, it might be a smaller percentage per item sold. This diversity creates exciting earning potentials depending on the field!