One of the basic essentials of an incentive plan is that
A. A differential piece rate system should exist
B. Minimum wages should be guaranteed
C. Provide incentive to group efficiency performance
D. All standards should be based on time studies
Answer: Option D
Solution(By Examveda Team)
One of the basic essentials of an incentive plan is that All standards should be based on time studiesJoin The Discussion
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Related Questions on Industrial Engineering and Production Management
The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
D