Discuss Piece Rate Plans,plans Based on Time Saved,and Plans Based

question 45

Essay

Discuss piece rate plans,plans based on time saved,and plans based on commissions.

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Definitions:

Foreign Portfolio Investment

Investment in financial assets from another country, such as stocks or bonds, which does not provide the investor with direct control over the assets.

GNP

Gross National Product; the total value of all goods and services produced by a country's residents over a specified period, including income from abroad.

GDP

Gross Domestic Product, the total monetary value of all goods and services produced within a country's borders in a specific time period.

Technological Knowledge

The information and understanding related to the practical application of tools, machines, and techniques for solving problems and creating new products or processes.