Wages and salaries are known as time rates while


1. Wages and salaries are known as time rates, while commissions are called incentive rates of pay. Explain in your own words the difference between these payment methods. 

2. Select a decimal percent and write it as a fraction. Select a fraction and write it as a percent. Write an explanation of each step of your work.

3. Do you think that exact measurements are an important component of quality from the standpoint of a customer at The Home Depot? What are other important components of quality?

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Operation Management: Wages and salaries are known as time rates while
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