GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Value analysis
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Value engineering
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Improving work methods
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Developing a standard time to do a particular task
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Detailed explanation-1: -Time study is a structured process of directly observing and measuring human work using a timing device to establish the time required for completion of the work by a qualified worker when working at a defined level of performance.
Detailed explanation-2: -Time study is a work measurement technique and is used to determine the time required by a qualified and well trained person working at normal pace to do a specific task at a defined level of performance. The time thus, calculated is known as “Standard Time”.
Detailed explanation-3: -The purpose of time study is to determine the standard time taken by the workman with reasonable skill and ability to perform a particular task, to estimate labour cost and to create time management among the employees.
Detailed explanation-4: -Time study is also called work measurement.