The rate of change in the composition of the labour force in an organization is known as

Related MCQs

• When there are frequent changes in the labour force, labour turnover is said to be
• Labour cost variance is the difference between standard cost of labour and………..
• According to Merrick’s multiple piece rate system, the piece rate applicable to a worker with an efficiency of 100 % or above is _____ of normal piece rate
• Labour rate variance is computed by multiplying the
• Labour flux rate denotes the:
• Variable costs change ……………………with change in output.
• Labour which takes an active and direct part in the production of a product is known as
• Taylors differential piece rate system provides for higher rate to …….workers.
• Under Merrick’s multiple piece rate system, 110% of the ordinary piece rate is given to workers whose level of performance is between……. of the standard output.
• Under Merrick’s multiple piece rate system, 120% of the ordinary piece rate is given to workers whose level of performance is between……………….of the standard output.