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Methods of Labour Remuneration
There Labour remuneration methods can be broadly classified into two factors as:
i. Time rate or on the basis of the time spend in the factory
ii. Piece Rate or On the basis of work done
Most of the remuneration methods are a collections of or modification of these two systems.
A process in the industry where a wholesaler needs an amount that is the difference among the manufacturer's price to the wholesaler and the contract price to the resale customer.
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