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The time-rate system makes no difference between ______. - Business Studies

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Question

The time-rate system makes no difference between ______.

Options

  • Worker to worker

  • Efficient and inefficient worker

  • Important and unimportant worker

MCQ
Fill in the Blanks
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Solution

The time-rate system makes no difference between efficient and inefficient worker.

Explanation:

The time-rate system pays workers based on time (hours or days) worked, not on output. It makes no difference between efficient and inefficient workers, paying both the same wage even if their productivity differs.

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Chapter 8: Staff Remuneration - EXERCISES [Page 116]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 8 Staff Remuneration
EXERCISES | Q I. B. 2. | Page 116
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