Identify a disadvantage of piece rate plans. They do not provide extra recognition for producing above the minimum requirements. Productivity is not an important factor of such plans. They are not suitable if the company gives a high priority to the quantity produced by each worker. They are not appropriate if machines, rather than people, control production speed.

Identify a disadvantage of piece rate plans. They do not provide extra recognition for producing above the minimum requirements. Productivity is not an important factor of such plans. They are not suitable if the company gives a high priority to the quantity produced by each worker. They are not appropriate if machines, rather than people, control production speed.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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