What type of commission is when a sales is paid a percentage of sales only?Responses
Question
What type of commission is when a sales is paid a percentage of sales only?Responses
Solution
The type of commission where a salesperson is paid a percentage of sales only is known as a "Straight Commission". In this commission structure, the salesperson's income is entirely dependent on the amount of product or service they sell. The more they sell, the more they earn. This type of commission is common in industries like real estate, car sales, and other high-ticket sales industries.
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