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Question
With reference to time rate system of wage payment, answer the following question:
Give any two situations where this system is suitable.
Short Answer
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Solution
Situations where the time rate system is suitable:
- When Quality is the Main Consideration: For example, in tailoring or jewellery making, where precision and fine workmanship matter more than speed, time-based wages ensure careful and quality work.
- When Work Cannot Be Accurately Measured: In jobs like maintenance or supervision, where output cannot be counted easily, paying wages based on time spent is more practical and fair.
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