Final answer:
The subject of this question is Business and the grade level is High School. It explains the terms related to compensation in the workplace, such as superannuation, commission, gratuity, stock option, and bonus.
Step-by-step explanation:
The subject of this question is Business and the grade level is High School. The question is asking about a scenario in the workplace, specifically in the handbags department of Nordstrom. It mentions terms related to compensation, such as superannuation, commission, gratuity, stock option, and bonus.
In this context, superannuation refers to a retirement savings plan, usually provided by an employer. Commission is a form of payment based on sales performance. Gratuity is a sum of money given as a token of appreciation, often to service industry workers. Stock option represents the right to purchase company stock at a predetermined price. Bonus is an additional payment given as a reward for performance or achievement.
These terms are commonly used in the business world to determine and reward employee compensation. It is important for employees to understand these concepts in order to make informed decisions about their careers and financial planning.