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The "invisible hand" directs economic activity through
Administrative Employees
Employees who are responsible for office functions and tasks; they typically engage in non-manual work related to the general business operations of an organization.
Merit Increases
Salary raises awarded to employees based on their performance and contribution to the organization.
Lump-Sum Basis
A method of payment or compensation with a fixed total amount to be paid in one single sum, rather than through installments or percentages.
Base Salary Levels
The initial rate of compensation that an employee receives as a wage, excluding any extra bonuses, benefits, or allowances.
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