Reisner, Inc., is a small company that manufactures egg cartons. It has a sales force of fifteen who sell all over the U.S. Last year the company exceeded its predicted sales by al... Reisner, Inc., is a small company that manufactures egg cartons. It has a sales force of fifteen who sell all over the U.S. Last year the company exceeded its predicted sales by almost $25,000. Forty percent of these added sales were divided equally among Reisner's salespeople. Reisner used a(n) _______ to reward its salespeople.
Understand the Problem
The question describes a scenario where a company exceeded its sales predictions and distributed a portion of the added sales among its salespeople. Then it asks to identify what type of reward Reisner used.
Answer
The final answer is profit-sharing plan.
Reisner used a profit-sharing plan to reward its salespeople.
Answer for screen readers
Reisner used a profit-sharing plan to reward its salespeople.
More Information
A profit-sharing plan involves distributing a portion of a company's profits to its employees. This is often done when the company achieves certain financial goals, such as exceeding predicted sales, as in the case of Reisner, Inc.
Tips
It is important to understand the different compensation strategies that businesses use.
Sources
- Reisner, Inc., is a small company that manufactures egg cartons. It ... - archive.innovation.schoolofmusic.ucla.edu
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