Which of the Following Statements About Piece Rate Pay Is

question 251

Multiple Choice

Which of the following statements about piece rate pay is TRUE?
I. Piece rate systems will attract more productive workers than hourly wage plans.
II. Workers may fear that the piece rate could be lowered in the future.
III. Less productive workers may prefer an hourly wage.

• A) I and II only
• B) III only
• C) I and III only
• D) I, II, and III

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Definitions:

Discontinuous Innovation

Innovations that represent a significant departure from existing practices and often create new markets or transform existing ones.

Normal Routine

Typical daily activities or procedures followed by an individual or organization.

New Patterns Of Behavior

Refers to the emergent behaviors and habits of individuals or groups, especially as seen in consumer markets or societal changes.

Brand Extension

The practice of using an established brand name to introduce a new product in a different category.