Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:
Which of the following is an objective of time study?
Options:
To determine the number of workers to be employed
To formulate suitable incentive schemes
To calculate the labour costs
All of the above
Correct Answer:
All of the above
Explanation:
Time Study : It determines the standard time taken to perform a well-defined job. Time measuring devices are used for each element of task. The standard time is fixed for the whole of the task by taking several readings. The method of time study will depend upon volume and frequency of the task, the cycle time of the operation and time measurement costs. The objective of time study is to determine the number of workers to be employed; frame suitable incentive schemes and determine labour costs.