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Q. Explain Gantt task and bonus plan?
Gantt task and bonus plan: this plan has been devised by the H.L. Gantt and is the only one that pays a bonus percentage multiplied by the value of standard time. Under this system, fixed time rates are guaranteed. Output standards and time standards are established for performance of each job. Workers competing the job within the standard time or in the less time receive wages for the standard time plus a bonus which ranges from 20 per cent to 50 per cent of the time allowed and not time saved. When a worker fails to turn out the required quantity of a product, he simply gets his time rate without any bonus.
Describe the changes done in knowledge management Worldwide shift to information economy and on to knowledge economy. Rapid growth in knowledge and information-in
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Define the behaviour of managerial leadership. Particularly, managerial leadership is behaviour which elicits voluntary follower behaviour beyond which associated with needed p
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how can labour marketing as a source of information could be used by an organization in its quest to have a strong brand as an employer?
The Introduction Describe why you chose this particular topic. Why do you think that it is an important issue in management responsibilities and practices? II. The Review
Q. Need of workers participation in management? Improve communication: it is seldom possible for managers to have knowledge of all alternatives and all consequences related to
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