Home › UP Board Class 12 › businessstudies › Principles of Management › Taylor's wage plan that pays different rates to …
Taylor's wage plan that pays different rates to efficient and inefficient workers is the:
ATime Wage System
BProfit Sharing System
CDifferential Piece Wage System
DFixed Salary System
Answer & Solution
Correct answer: C. Differential Piece Wage System
The Differential Piece Wage System rewards efficient workers with a higher rate.
Related questions
Mental revolution as advocated by Taylor calls for'Equity' in Fayol's principles refers toPrinciples of management are best described asHenry Fayol gave how many principles of management?Standardisation of tools and equipment is a technique ofThe principle of 'Centralisation and Decentralisation' impliesFayol's principle of 'Stability of Tenure' implies'Subordination of individual interest to general interest' means