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Q.Who introduced the concept of ‘differential price-rate-wage system’?

Assam AhsecAHSEC Assam Higher Secondary Final Class 12 (Commerce) 2022Subjective· 1mImportance★★★★★
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F.W. Taylor introduced the differential piece-rate wage system.

Frederick Winslow Taylor, the Father of Scientific Management, devised the differential piece-wage system. Under it, a higher piece-rate is paid to workers who produce at or above the standard output and a lower rate …

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