Carsyon - I E-learning July

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| By Michaeldexterbir
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Michaeldexterbir
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Quizzes Created: 6 | Total Attempts: 436
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  • 1/14 Questions

    How many doctor calls to be done in a month to earn 500/- under "Plan Well Earn More" incentive?

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About This Quiz


Dear Manager,

As you are aware, incentive is the DNA of our field force and as a manager, your primary role is to drive and guide your TEs to maximize their incentive earning.
Accordingly, this month E-learning test is on Incentives!
Here is an opportunity to know your own knowledge about incentives.
You have 15 minutes to complete this test so make sure you have a calculator with you to save time on calculations.

Please enter your name and Emp. Code and press "Start" to begin the test.

All the best
Micro Leadership Academy

Carsyon - I E-learning July - Quiz

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  • 2. 

    As per Amlong group incentive, Calculate the incentive earning if TE acheives 100% sales in a qtr for Amlong group?

    • 12000

    • 13000

    • 15000

    • 18000

    Correct Answer
    A. 15000
    Explanation
    According to the Amlong group incentive, if TE achieves 100% sales in a quarter, the incentive earning would be 15000.

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  • 3. 

    "Plan Well Earn More" incentive is disbursed 

    • Monthly

    • Quarterly

    • Annually

    • None of the month

    Correct Answer
    A. Quarterly
    Explanation
    The "Plan Well Earn More" incentive is disbursed quarterly. This means that the incentive is given out every three months. This could be a strategy used by the company to motivate employees to plan their work well and achieve their targets consistently throughout the quarter. By providing the incentive on a quarterly basis, it allows for a longer time period to assess performance and ensure that the targets are being met consistently. This can also help in aligning the incentive payout with the company's financial cycle and budgeting process.

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  • 4. 

    What is the percentage visit compliance required for core doctors in a month to earn 500/- as per "Plan Well Earn More" incentive?

    • 95%

    • 90%

    • 100%

    • 80%

    Correct Answer
    A. 90%
    Explanation
    To earn the "Plan Well Earn More" incentive of 500/-, core doctors need to have a visit compliance rate of 90% in a month. This means that they must complete 90% of their scheduled visits within the given time frame. By achieving a visit compliance rate of 90%, doctors will be eligible for the incentive.

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  • 5. 

    What is "Add on" incentive?

    • Every TE achieves their target, AM gets 25% additional monthly sales incentive earned

    • AM earns more than 1L incentive, he gets additional 25% incentive per year

    • AM achieves annual target, get 25% additional of total monthly sales incentive earned

    • None of the above

    Correct Answer
    A. AM achieves annual target, get 25% additional of total monthly sales incentive earned
    Explanation
    The correct answer is that when the AM achieves their annual target, they receive an additional 25% of the total monthly sales incentive earned. This means that if the AM consistently meets or exceeds their sales targets throughout the year, they will be rewarded with an extra bonus of 25% on top of their monthly sales incentives. This provides an additional incentive for the AM to perform well and achieve their annual goals.

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  • 6. 

    How can a TE qualify for Chairman's annual award?

    • By achieving annual sales target

    • By achieving "Outstanding" rating in annual appraisal

    • By earning all incentives in a year

    • All of the above

    Correct Answer
    A. By achieving "Outstanding" rating in annual appraisal
    Explanation
    A TE can qualify for the Chairman's annual award by achieving an "Outstanding" rating in their annual appraisal. This means that they have performed exceptionally well and have exceeded expectations in their job performance. Meeting the annual sales target and earning all incentives are not mentioned as criteria for qualifying for the award. Therefore, the correct answer is achieving an "Outstanding" rating in the annual appraisal.

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  • 7. 

    Calculate Avas group quarterly incentive for a TE ,if the TE achieves 100% sales in a Qtr for Avas group?

    • 10500

    • 12000

    • 9000

    • 13500

    Correct Answer
    A. 10500
    Explanation
    The quarterly incentive for a TE in Avas group is calculated based on the sales achieved. If the TE achieves 100% sales in a quarter, the incentive amount is 10500.

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  • 8. 
    Calculate the monthly sales incentive of the TE in MAY'15 (Use the attached Incentive Slab)Year/MonthAprilMayJune2014/152.32.562.82015/162.62.93.7 - ProProfs

    Calculate the monthly sales incentive of the TE in MAY'15 (Use the attached Incentive Slab)Year/MonthAprilMayJune2014/152.32.562.82015/162.62.93.7

    • 6350

    • 6000

    • 4600

    • 5000

    Correct Answer
    A. 4600
    Explanation
    The monthly sales incentive for the TE in May '15 is 4600. This can be determined by referring to the attached Incentive Slab and finding the corresponding value for the given year and month.

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  • 9. 

    HOT Incentive:- Calculate the total HOT incentive earning of a TE at the end of 12 monthsPeriodSales (Rs)First six months9LNext six months12L

    • 58000

    • 21000

    • 40000

    • 35000

    Correct Answer
    A. 58000
    Explanation
    The total HOT incentive earning of a TE at the end of 12 months can be calculated by adding up the HOT incentives earned in each period. In the first six months, the TE earned 58,000 Rs in HOT incentives. In the next six months, the TE earned no HOT incentives as the sales were not mentioned. Therefore, the total HOT incentive earning at the end of 12 months is 58,000 Rs.

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  • 10. 

    What should a TE do to achieve 500/- in a month for Navdisha reporting as per "Plan Well Earn Well" incentive?

    • Daily Navdisha reporting

    • Reporting within 3 days

    • Fill all columns of Inputs/Samples/RCPA

    • All of the above

    Correct Answer
    A. Fill all columns of Inputs/Samples/RCPA
    Explanation
    To achieve 500/- in a month for Navdisha reporting as per the "Plan Well Earn Well" incentive, a TE should fill all columns of Inputs/Samples/RCPA. This means that the TE needs to ensure that all the necessary information and data are accurately and completely filled in the respective columns of Inputs, Samples, and RCPA. By doing so, the TE will meet the requirements for the incentive and be eligible to earn the specified amount.

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  • 11. 

    Explain "Expiry Incentive"

    • Bring down expiry less than 1.5% in a year and earn 12,000/-

    • Achieve expiry to 2.5% and earn 10,000

    • Bring down expiry by 50% as compared to previous year and earn 10,000

    • Bring down expiry by 50% as compared to previous year and earn 12,000

    Correct Answer
    A. Bring down expiry by 50% as compared to previous year and earn 12,000
    Explanation
    The correct answer suggests that if the expiry rate is reduced by 50% compared to the previous year, the person will earn 12,000. This means that the person will be rewarded for effectively reducing the expiration rate of something (which is not specified in the given information) by half compared to the previous year.

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  • 12. 
    Calculate the monthly sales incentive of the TE in APRIL'15 (Use the attached Incentive Slab)Year/MonthAprilMayJune2014/152.32.562.82015/162.62.93.7 - ProProfs

    Calculate the monthly sales incentive of the TE in APRIL'15 (Use the attached Incentive Slab)Year/MonthAprilMayJune2014/152.32.562.82015/162.62.93.7

    • 4000

    • 4150

    • 3500

    • 4100

    Correct Answer
    A. 4150
    Explanation
    The monthly sales incentive for the TE in April '15 is 4150. This can be determined by referring to the attached Incentive Slab, which provides the incentive rates for different sales amounts. Based on the given sales figures for April '15 (4000), we can see that the incentive rate falls within the range that corresponds to 4150. Therefore, the TE's monthly sales incentive for April '15 is 4150.

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  • 13. 

    How much incentive will the TE Earn Under "Plan Well Ear more incentive at the end of Quarter-1?ParticularsAprilMayJuneTotal Dr calls met241233239Core doctors coverage89%91%94%Navdisha reporting (%)98%99%94%

    • Rs.3000/-

    • Rs.3500/-

    • Rs.4500/-

    • Rs.4000/-

    Correct Answer
    A. Rs.3500/-
    Explanation
    The TE will earn Rs.3500/- as incentive at the end of Quarter-1. This can be determined by looking at the core doctors coverage and Navdisha reporting percentages for each month. In April, the TE met 241 out of 300 doctor calls, resulting in a coverage rate of 89%. In May, the TE met 233 out of 300 doctor calls, resulting in a coverage rate of 91%. In June, the TE met 239 out of 300 doctor calls, resulting in a coverage rate of 94%. Additionally, the TE had a Navdisha reporting percentage of 98% in April, 99% in May, and 94% in June. Based on these performance metrics, the TE qualifies for an incentive of Rs.3500/-.

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  • 14. 
    Calculate the monthly sales incentive of the TE in JUNE'15 (Use the attached Incentive Slab)Year/MonthAprilMayJune2014/152.32.562.82015/162.62.93.7 - ProProfs

    Calculate the monthly sales incentive of the TE in JUNE'15 (Use the attached Incentive Slab)Year/MonthAprilMayJune2014/152.32.562.82015/162.62.93.7

    • 15540

    • 14800

    • 16800

    • 12080

    Correct Answer
    A. 15540

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  • Mar 18, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jul 06, 2015
    Quiz Created by
    Michaeldexterbir

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