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Piece Rate
A payment method where employees are paid a fixed rate for each unit of production completed, rather than receiving a fixed salary.
Widgets
Generic term used for any hypothetical or generic product, often used in discussions or explanations about manufacturing or economics.
Performance Measure
Criteria or standards used to evaluate the effectiveness and efficiency of actions or outcomes.
Motivators
Factors that influence a person's desire and energy to be continually interested and committed to a job, role, or subject, or to make an effort to attain a goal.
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