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Please use this identifier to cite or link to this item: http://dspace.cityu.edu.hk/handle/2031/3784
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dc.contributor.authorCheung, Stephen Wai Kwong (張偉光)
dc.date.accessioned2007-03-02T06:58:41Z
dc.date.accessioned2017-09-19T08:36:28Z
dc.date.accessioned2019-01-22T04:14:41Z-
dc.date.available2007-03-02T06:58:41Z
dc.date.available2017-09-19T08:36:28Z
dc.date.available2019-01-22T04:14:41Z-
dc.date.issued2006
dc.identifier.othermkt2006-fb6700-cwk444
dc.identifier.urihttp://144.214.8.231/handle/2031/3784-
dc.description.abstractCompensation plan plays a critical role in motivating salespersons and indirectly affects their company performance. This project studied an industrial products manufacturer’s representative which pays its salesforce on a fixed salary basis, and reviewed the appropriateness of its current compensation plan from the agency theory and motivation theories perspectives. By taking various situational factors like effort-sales uncertainty, efforts-reward uncertainty and preferences into consideration, a compensation plan that is tailored to the situations and the needs of the company is recommended. A survey revealed that more than half of the company’s salespersons are not highly motivated under the current fixed salary plan and over half of them prefer a compensation plan with an inventive payment ranged from 15% to 30% and with an average of 20%.
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dc.rightsThis work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
dc.rightsAccess is unrestricted.
dc.subjectCompensation management
dc.subjectSales personnel
dc.subjectMotivation
dc.subjectPerformance
dc.subjectHong Kong
dc.titleSalesforce compensation plan for an industrial products manufacturer’s representativeen
dc.contributor.departmentDepartment of Marketingen
dc.description.courseFB6700en
dc.description.programmeMBA 2006en
dc.description.supervisorDr. Wenyu Dou
Appears in Collections:OAPS - Dept. of Marketing 

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