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Which of the Following Is an Advantage of a Home-Based

question 10

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Which of the following is an advantage of a home-based business?


Definitions:

Lump-sum Merit

A one-time merit payment awarded to an employee instead of a permanent salary increase.

Base Salaries

The initial rate of compensation given to an employee, not including any extra benefits, bonuses, or raises, which serves as a foundational income.

Merit Raise

An increase in salary given to an employee based on their job performance, as a reward for their contributions to the organization.

Base Wage

The initial rate of compensation an employee receives, excluding overtime, bonuses, or other additional payments.

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