In Bowman, the company established a payment schedule in which the sales personâs draw was against any commission such that if the monthly sales were below her sales goal of $ 42,000, she would become indebted to the company for any deficiency. Sure enough, the sales person couldnât maintain her monthly sales quota.
MMR vaccine. The MMR vaccine (also known as the MPR vaccine after the Latin names of the diseases) is an immunization vaccine against measles, mumps, and rubella (German measles). It is a mixture of live attenuated viruses of the three diseases, administered via injection. It was first developed by Maurice Hilleman while at Merck.
Definition: The modified internal rate of return, or MIRR, is a financial formula used to measure the return of a project and compare it with other potential projects. It uses the traditional internal rate of return of a project and adapted to assume the difference between the reinvestment rate and the investment return. What Does the Modified Internal Rate of Return Mean? MIRR is a revised version of the internal rate of return (IRR), which calculates a reinvestment rate and accounts even or uneven cash flows.