Under which system of payment quality of goods can be ensured ........

Management (RBI) General Management

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Under which system of payment quality of goods can be ensured?

Piece rate system

Time Rate system

Incentives

None of these

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Explanation:

Incentives are defined as ‘variable rewards granted according to variations in the achievement of specific results.The National Commission of Labour defines incentive as follows: ‘wage incentives are extra financial motivation. They are designed to stimulate human effort by rewarding the person, over and above the time rated remuneration, for improvements in the present and targeted results.