BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

PRINCIPLES AND PRACTICE OF MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is an objective of time study?
A
To determine the number of workers to be employed
B
To formulate suitable incentive schemes
C
To calxulate the labour costs
D
All of the above
Explanation: 

Detailed explanation-1: -The primary target of time study is to decide the standard time to finish any work by estimating the quantum of time needed to follow through with that job.

Detailed explanation-2: -The main objective of Time study is setting a standard time limit for completing a particular job. The time taken for completing the job is measured for setting the standard time limit. This helps decide the number of workers to be employed for a particular task, determine their wages, etc.

Detailed explanation-3: -Time studies aim to determine how much time is required for a qualified worker to complete an individual task when they are working at a predefined performance level. When done correctly, a time study can help managers and business owners see how efficiently and effectively work is being done on a production floor.

Detailed explanation-4: -The main aim of this study is to eliminate unproductive and unnecessary movements so as to ensure timely completion of work. The main aim is to find one best method of doing the job or perform a task.

Detailed explanation-5: -Answer: Some of the techniques of scientific work study are (a) Time Study It determines the standard time taken to perform a well-defined job.

There is 1 question to complete.