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What is commision?

Updated: 9/19/2023
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8y ago

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Commission is where you pocket a percentage of the money from a product a customer bought. Door to door salesmen are the best example. They earn their wage from calculating it from the sales they have made and taking a percentage of it, rather than having a fixed wage. So the more you sell the more you earn.

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8y ago
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12y ago

Commissioning is a process or service provided to validate the completeness and accuracy of a project or venture

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Continue Learning about Marketing

What is a commision?

Money


When can I expect a commission check from Macy's?

That depends on what Macy's policies are with regards to you receiving comision and if they reward you with comision or just an hourly salary. Check with your boss / supervisor, they should know about that. I remember working in a store with commision but the whole store had to meet a certain amount of money for their entire sales goals of the day before the staff would see any commision, they never reached their sales goals and I never saw any commision from them.


How much commission would a real estate agent in Tennessee make off a 300000 home sale?

I would estimate anywhere from $3,000 - $7,000 depending on the commision percentage.


How does commision work?

commission is a percentage of a amount given to a party. It happens mostly in real estate. This is how it works Lets say you want to sell your house for $500,000, and the agent finds a buyer. Then they set a commission percentage[ lets say 10% ]. 10/100*500000=50000 now the seller has to pay both price of house and commission meaning buyer gives $550,000


Pestel analysis for asda?

ASDA PESTEL and SWOT analysis of last ten years-----------------------------------------------------------------Not a very good answer, Niggled me enough to write very brief Answer.ANSWERPESTEL analysis is concerning the Macro-environment surrounding a Company, usually in Strategic Analysis Report (SAR).Political -- Trading policies- Employment Law- Taxation (Corporate;Consumer)Economic -- Interest Rates- Inflation- Economic growth- Exchange rates- stage of business cycleSocio-Cultural -- Branding- Demographics- Lifestyle changes- Health and welfareTechnological -- Stock Control- Government spending on research- Energy use and costsEnvironmental -- Packaging- RecyclingLegal -- Competition Commision- Employment Law- Trade Regulations.You can fit answers to any business in that framework, in no means is it complete or exhaustable; Yet better than the previous answer.

Related questions

What is a commision?

Money


How do you find commission?

To find the commision rate you must first1. Multiply your total sales times your the commision rate. (ex. $179 x 7%)2. Your answer will be 12.53.And that is your commision rateHope this information was helpful.


Who are the current chairmans of various commission of government of India?

finance commision Vijay Kelkar planning commision : Montek singh


What are the advantages of commision?

Control and/or power.


What does TTC?

Toronto Transit Commision


which group cared about wounded troups. Daughters of ConfederacyCopperheadsUnited States Sanitary Commision Bartons Brigade?

United states Sanitary Commision


How a lawyer can make more money?

By commision


What does ttc mean?

Toronto Transit Commision


What regulates corporate commerce?

federal trade commision


How do you spell commision?

It is spelled with a 2 "S" -- "Commission"


Authority in army?

Is conveyed by officers receiving a commision.


A percent of sales earned by a salesperson is called?

commision