View source for AWARD OF MERIT

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== Definitions ==

(The [[FRANCHISE_AWARD_OF_MERIT|Franchise Award of Merit]]) the Award of Merit is an award given quarterly to those missions who have produced consistently high [[STATISTICS|statistics]]. The award, introduced in 1965, has been [[SUCCESSFUL|successful]] in encouraging [[PRODUCTION|production]] in missions. One award-one voucher equal to ten currency [[UNITS|units]]. We define a [[CURRENCY_UNIT|currency unit]] as the full [[COST|cost]] of one [[AUDITING|auditing]] hour at the [[LOCAL|local]] per [[POLICY|policy]] cost. (At this [[TIME|time]] for example this is $50 in the U.S.) Each voucher may be exchanged as [[CREDIT|credit]] for ten currency units against any [[TRAINING|training]] at any [[ORG|org]], [[SAINT_HILL|Saint Hill]] or AO.
''(BPL 10 Sept 65R)''