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Commerce · Q266

Business and Commerce

Graduate and Post Graduate · Commerce · question 266

Q266

A Piece Rate System written by ___________.

A.
Harold Koontz
B.
Taylor
Answer
C.
Louis Allan
D.
Hendry Fayol

Answer: Option B

Solution

Answer: Option B
Solution:
Taylor was one of the main champions of the piece rate system in the late 19th century. Taylor's Differential Piece-Rate System was introduced by F.W. Taylor, who believed that the workers should be paid on the basis of their degree of efficiencies.