The most suitable incentive plan for the maintenance section of an industry will be
A. Piece rate system
B. Group incentive plan
C. Profit sharing plans
D. Simplification
Answer: Option B
Solution (By Examveda Team)
Group Incentives/Team based Compensation Under individual incentive system workers are paid on the basis of their personal performance.Their wages will be directly linked to their efforts.
A worker may improve his remuneration by raising the level of output
This Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
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