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Shift 05/06/2023 8:30 AM - 10:30 AM
Correct Answer
The technique of Scientific Management aimed at framing suitable incentive schemes is:
(1) Time study
Time study is a technique used to determine the standard time required to perform a specific job or task. By establishing standard times, organizations can create fair and effective incentive schemes that reward employees for achieving or exceeding these standards. Incentive schemes often use time as a basis for calculating bonuses or additional Compensation The objective of time study is to determine the number of workers to be employed; frame suitable incentive schemes and determine labour costs..
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