
Bonus Reinforcement
Authored by Dani Davila
Business
Professional Development
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
The Personal Performance Bonus is paid to qualifying IBOs based on their personal sales volume (PV and BV). How often is the bonus paid?
Immediately after every customer purchase
Weekly
Monthly
Quarterly
Answer explanation
The Personal Performance Bonus is paid to qualifying IBOs based on their personal sales volume (PV and BV). How often is the bonus paid?
2.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
Last month, Jim purchased 100PV/300BV in products for himself. He also sold 200 PV/600 BV in products to customers. What Bonus Bracket percentage will Jim's Personal Performance Bonus be based on for that month?
3%
6%
9%
12%
Answer explanation
Jim accumulated 300 pv points throughout the month, that equals 6% of the BV
3.
MULTIPLE SELECT QUESTION
45 sec • 3 pts
How do you make money on Amway?
Retail Margin
Bonus Payment
Discretionary Incentives
Buying Products
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Retail Margin
A discretionary incentive that rewards new IBOs for selling products to registered customers.
A performance bonus percentage that determines the percent of your monthly BV that you’ll get as a cash bonus.
The difference between retail price and the IBO cost. When you sell product at the retail price, you earn retail margin of 10%.
The number of points generated through each sale that count towards monthly bonuses.
5.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
PV and BV determine how much the products you sell will contribute towards bonuses and incentives. What do the terms PV and BV stand for?
Point Value and Business Volume
Point Value and Business Value
Point Volume and Business Value
Point Volume and Business Volume
6.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
What is the Customer Sales Incentive?
A discretionary incentive that rewards IBOs for generating Verified Customer Sales.
A performance bonus percentage that determines the percent of your monthly BV that you’ll get as a cash bonus.
A recorded sale of product to customers through MyShop, your digital storefront, or through the Amway website at suggested retail price.
The number of points generated through each sale that count towards monthly bonuses.
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