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
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
Join The Discussion