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What is the difference between dependent and independent variables?
Performance-Related Pay
A compensation strategy that links employee salary or bonuses to their performance, aiming to motivate and reward employees for achieving specific business goals.
Team-Based Bonuses
Financial rewards provided to group members for achieving or exceeding team performance goals.
Individual Reward Schemes
Reward systems tailored to compensate or motivate individual employees, typically based on their performance or achievements.
Dysfunctional Competition
A market scenario where competition results in negative outcomes, such as reduced innovation or harm to consumers or businesses.
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