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Jenny, the Sales Executive in an Insurance Firm, Achieves Target

Question 62

Multiple Choice

Jenny, the sales executive in an insurance firm, achieves target sales well before the stipulated time. The company recognizes her performance by awarding her a cash prize. Which of the following compensation plans does this scenario illustrate?


A) A merit pay plan
B) Gain sharing plan
C) A bonus pay plan
D) Profit sharing plan

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