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Business Studies · 2024 · 6 marks
CBSE 2024 · Region 3 · Set 1 · Q31
Explain the following techniques of Scientific Management :(i)Time study(ii)Method study(iii)Differential piece wage systemExplain the following features of principles of management :(i)Universal applicability(ii)Formed by practice and experimentation(iii)Flexible
Explain the following techniques of Scientific Management :
(i)
Time study
(ii)
Method study
(iii)
Differential piece wage system
Explain the following features of principles of management :
(i)
Universal applicability
(ii)
Formed by practice and experimentation
(iii)
Flexible
Marking-scheme solution
(i)
Time Study
It determines the standard time taken to perform a well-
defined job.
The objective of time study is to determine the number of
workers to be employed; frame suitable incentive schemes
and determine labour costs.
(ii)
Method Study:
Method study is the study to find out one best way of doing
the job.
The objective is to minimise the cost of production and
maximise the quality and satisfaction of the customer.
(iii)
Differential Piece Wage System
Differential Piece Wage system is a technique which
differentiates between efficient and less efficient workers.
It rewards the efficient workers and motivates the less
efficient ones to improve their efficiency.
In this plan, there are two piece rates – one for those
workers who produce the standard output or more, and the
other for those who produce less than the standard output.
Q. Explain the following features of principles of
management:
(i)
Universal applicability
(ii)
Formed by practice and experimentation
(iii)
Flexible
(i)
Universal applicability:
The principles of management are intended to apply to all
types of organisations, business as well as non-business,
small as well large, public sector as well as private sector,
manufacturing as well as the services sectors.
However, the extent of their applicability would vary with
the nature of the organisation, business activity, scale of
operations etc.
(ii)
Formed by practice and experimentation:
The principles of management are formed by experience
and collective wisdom of managers.
These principles are formed by experimentation as well.
(iii)
Flexible:
The principles of management are not rigid prescriptions.
They give discretion to the managers to modify them when
the situation so demands.
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CBSE Class 12 Business Studies past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.