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Piece Rate System is contributed by

A. Harold Koontz

B. Taylor

C. Louis Allan

D. Hendry Fayol

Answer: Option B

Solution(By Examveda Team)

Piece Rate System is contributed by Taylor, the father of scientific management. The underlying principle of this system is to penalise a slow worker by paying him a low piece rate for low production and to reward an efficient worker by giving him a higher piece rate for a higher production.

This Question Belongs to Management >> Business Management

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