Output-based compensation approaches are more widely used by factories than are time-based approaches.

Name: Output-based compensation approaches are more widely used by factories than are time-based approaches.
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Question

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Time-based compensation approaches, such as hourly wages or salaries, are more commonly used in factories as they provide a stable income for workers and are easier to manage compared to output-based compensation, which can be more variable and harder to implement consistently.

Output-Based Compensation Approaches Are More Widely Used by Factories Than