Examlex
Using whatever resources you have to save money while you are getting your business started is referred to as what type of strategy?
Piecework
A payment structure where employees are paid a fixed rate for each unit of work completed, rather than by hourly wages.
Profit-Sharing Plans
Employee benefit plans under which a company shares a portion of its profits with its employees, usually distributed based on set criteria such as seniority or salary level.
Genuine Ownership
The authentic and rightful possession of an item or property, confirmed through legal or official means.
Merit Raise
A pay increase given to individual workers according to an evaluation of their performance.
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