Remember the classification of phylogenetic methods:
\[
\boxed{\text{Neighbor-Joining} \rightarrow \text{Distance-Based}}
\]
\[
\boxed{\text{Maximum Parsimony, Maximum Likelihood, Bayesian} \rightarrow \text{Character-Based}}
\]
Neighbor-Joining is preferred when analyzing large datasets because it is faster than most character-based methods.