Glossary entry

English term or phrase:

leg

English answer:

part/venture/division

Added to glossary by Johan Venter
Sep 29, 2005 05:58
19 yrs ago
16 viewers *
English term

leg

English Marketing Marketing MLM
...business centre earns commissions on the first xx volume points on each leg
Change log

Sep 29, 2005 10:26: Johan Venter changed "Level" from "Non-PRO" to "PRO"

Votes to reclassify question as PRO/non-PRO:

PRO (3): Charlesp, juvera, Johan Venter

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Responses

+8
8 mins
Selected

part/venture/division

Leg in this instance menas a different part of their total business activites. If this company works in the field of, let's say selling cars, but they also rent cars, then they have two 'legs' they do business in.
Peer comment(s):

agree Jack Doughty
38 mins
Thanks
agree Bianca Jacobsohn
2 hrs
Thanks
agree vixen
2 hrs
Thanks
agree Vicky Papaprodromou
2 hrs
Thanks
agree Anabel Martínez
3 hrs
Thanks
neutral Charlesp : I don't think so.
3 hrs
See my comment at your answer
agree Saleh Chowdhury, Ph.D.
10 hrs
Thanks
agree Derek Gill Franßen
12 hrs
Thanks
agree Alfa Trans (X)
1 day 6 hrs
Thanks
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4 KudoZ points awarded for this answer. Comment: "Thank you very much, everyone."
-1
6 mins

Of the many possible meanings of this word . . .

. . the one that is applicabl here is the following:

(a) : the course and distance sailed by a boat (or travered by a vehicle) on a single tack (b) : a portion of a trip : STAGE (c) : one section of a relay race (d) : one of several events or games necessary to be won to decide a competition <for instance, won the first two legs of horse racing's Triple Crown>

It refers of one of two or more segments, typically in a spatial context, such as distance.

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Note added at 8 mins (2005-09-29 06:07:02 GMT)
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Corrections for typos:

applicabl -> applicable
It refers of -> It refers to

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Note added at 10 mins (2005-09-29 06:09:09 GMT)
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In a MLM CONTEXT, a "leg" refers to one of the "branches" in the MLM pyramid or chains.
Peer comment(s):

disagree Charlesp : intersting dictionary definitions I guess, but i don't see how one fits here.
3 hrs
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-1
3 hrs

investment in AND investment out

leg means the entry or exit (such as buying a financial contract or selling the contract previously bought, and hence "first leg" means the purchase - and "each leg" means they earn commissions on BOTH the investment when purchaseed AND when the investment is sold.
Peer comment(s):

neutral Johan Venter : You could be right, but I think you are assuming a little too much without more context. This is then also why I provided more than one words and then explained what it would mean in the context I did.
18 mins
well, i guess we will never know.
disagree Java Cafe : In a MLM context, it refers to a branch,
5 hrs
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+1
29 mins

left or right

There are two groups: left and right, each of them called one leg.

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Note added at 1 hr 32 mins (2005-09-29 07:31:06 GMT)
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Part of this text:
USANA’s compensation plan does not limit payout. Many competing plans use cycling or other gimmicks to generate huge payouts for early participants, but are then forced to significantly restrict the earnings of later distributors by placing an earnings cap on their payout. USANA has no such caps. Each Business Center earns commissions on the first 5,000 volume points on each leg and
then additional Business Centers are provided to Associates to allow them to continue to tap into volume built deep in their organization.



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Note added at 3 hrs 14 mins (2005-09-29 09:13:16 GMT)
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My answer is based on the text this sentence comes from it:
5. You can begin to build a viable organization with as few as two Associates. This“power of two” means finding two enthusiastic, effective individuals and placing one on the left and one on the right leg who find customers and duplicate the same practice in their organization.
6. USANA’s compensation plan does not limit payout. Many competing plans use cycling or other gimmicks to generate huge payouts for early participants, but are then forced to significantly restrict the earnings of later distributors by placing an earnings cap on their payout. USANA has no such caps. Each Business Center earns commissions on the first 5,000 volume points on each leg and
then additional Business Centers are provided to Associates to allow them to continue to tap into volume built deep in their organization.


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Note added at 3 hrs 45 mins (2005-09-29 09:44:46 GMT)
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and this is another part of this paper:
The USANA Binary Compensation Plan:
The USANA Binary Compensation Plan is a binary system in which you build balanced left-side and right-side downline organizations for the purpose of selling USANA’s nutritional and personal care products. The weekly commissions you earn are based on
the balanced Group Sales Volume (GSV) points accumulated in your left-side and right-side downline organizations.
Peer comment(s):

neutral Johan Venter : Not in a business sense, I'm afraid to say
3 mins
Yes, but I read his/ her text , and I think may be leg in this text means right/ left group.
disagree Catherine Bolton : I don't understand how you get TWO legs out of that little bit of text. It says "each leg" - there could be ten. As in "the last leg of his journey". Nothing right or left about that.
28 mins
I read the original text this sentence comes from it, and it is only a guess. please visit: www.unitoday.com/forms/hf_newspaper.pdf
agree Nick Lingris : Yes, their argument is built on the "power of two", they use the image of the two legs to make it easier to understand, and, IMO, the original meaning of 'leg' should be maintained in the translation as their figures are based on the two-leg principle.
9 hrs
Thank you, and thanks for your explanation.
agree Derek Gill Franßen : I tend to agree with you (and Nick); my first impression was that of "pillars". Another thought that came to mind was "He doesn't have a leg to stand on." (I'm not sure if it's related). ;-)
11 hrs
Thank you.
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4 hrs

business theory and pyramid selling - not for grading

This innocent looking sentence covers a multitude of sins, if I may express it that way.
There are a large number of websites to explain the fenomena, and I am afraid, I have no time and inclination to delve into them, but here are a few for those who are interested:
www.usana.com/bin/en_payplan.pdf
www.contactplus.com/lifewave/distributors.htm
www.mlminsider.com/compplans.htm

I particularly recomment this:
www.crimes-of-persuasion.com/ Crimes/Delivered/pyramids.htm
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+2
4 hrs

branch

The term is usually used in connection with pyramidal selling schemes.
The pyramid is based on a leg systhem where the users who are on top levels earn a procentage of the sales of those at the lower levels. In order to be higher up in the pyramid scheme you will have to convince others to join you and thus attract new members from whom you will get a percentage of their sales thus extending the leg (making a new branch)...

see for more information: www.freewebs.com/worldgamesinc/ny_side_4.htm

"How much does it cost for me to JOIN? ... Will the people above me in the leg-system always earn more than I ... Is the business pyramid selling? No. This form of business is called Multi Level Marketing ... "

Peer comment(s):

agree humbird : Yes, this is pyramid scheme or MLM-specific term. Therefore most of other answers appear out of focus. In this, you organize your recruits in certain manner (according to the source company rule), you draw certain commsion from. The group is your "leg".
8 hrs
thank you
agree dutulina (X)
8 days
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