1. Which of the following is not an objective of wage incentive programmes? O Developing ownershp interest Improving employee retention Reducing labour coat Facltating the separanion of employees 0000
1. Which of the following is not an objective of wage incentive programmes? O Developing ownershp interest Improving employee retention Reducing labour coat Facltating the separanion of employees 0000
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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37 || 10:56
1.
Which of the following is not an objective of wage incentive programmes?
O
Developing ownership interest
Improving employee retention
O Reducing labour coat
O Facilitating the separation of employees
2.
When the same rate of incentives is paid to the omployees for each unit of goods produced by them, it is called
O Straight piece rate
O Differential piece rate
n Tesk and time bonuses
O None of the above
3.
When more than one piece rate is offered to the individuals for goods produced by them, it is called
O Straight piece rate
O Differential piece rate
O
Priestman bonus plan
O None of the above
4.
Which of the following methods discourages too much speed in the production by the employees?
O Sraight piece rate
O Differential piece rate
O Tesk and time bonuses
O None of the above
5.
Evaluating the refative worth of the employees in the organization and then deciding the awards for them is called
O Merit rating
O
Differential piece rate
O Task and time bonuses
O Svaight piece rate
6.
Which of following incentive systems recommeands a two-piece rate for wage determination?
O
Merniok muitiple piece rate plan
O Taylor's differential piece rate plan
O Emerson efficiency plan
O Gnatt tack and bonus eyetem
7.)
In which of the following methods is the standard time stated as minutes and points?
O Bedeaur system
O Barth variable incentive plan
O Task and time bonus
O None of the above
Which of the following incentive plans has the following oquation for computing the eamings of omployees? (Actual hours worked x Time rate) +
(Actual time worked/ Standard time) x Time saved x Time rate
8.
O Emerson efficiency plan
Rowan incentive plan
O Halsey incentive plan
O Barth variable incentive plan
9.
Which of the following is not usually a group incentive plan?
Halsey incentive plan
O Prieatman bonus plan
O
Rucker incentive plan
Towne's incentive plan
| 10.
Achieving cost saving not only on labour cost but also on overheads is the crux of
O
Towne's incentive plan
O Priestman bonus plan
O Rucker incentive plan
O Halsey incentive plan
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