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What does Taylor’s 'Differential Piece Wage System' emphasize?

AEqual wages for all

BRewards for efficiency

CPenalties for all

DSeniority-based pay

Answer:

B. Rewards for efficiency

Read Explanation:

  • Taylor’s system rewards workers who exceed performance standards with higher wages, motivating efficiency.


Related Questions:

Which of the following quality management principles focuses on the interdependent relationship between an organization and its suppliers?

  1. Mutually Beneficial Supplier Relationships: This principle emphasizes that an organization and its suppliers are interdependent and should build relationships that create mutual value.
  2. Customer Focus: This principle is solely concerned with the organization's internal processes and has no bearing on external partners.
  3. Involvement of People: This principle relates only to employees within the organization and not to external stakeholders.

    Assertion (A): The principle of division of work leads to specialisation and increased efficiency in organizations.
    Reason (R): When work is divided, every employee is required to perform different jobs with no relation to their abilities.

    Total Quality Management (TQM) can best be described as:
    Agile management is primarily characterized by:
    What does 'Esprit de Corps' refer to?