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Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 7 units is termed as ……………….. a)Efficientb)Inefficientc)Both Efficient and Inefficientd)Neither Efficient nor InefficientCorrect answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 7 units is termed as ……………….. a)Efficientb)Inefficientc)Both Efficient and Inefficientd)Neither Efficient nor InefficientCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 7 units is termed as ……………….. a)Efficientb)Inefficientc)Both Efficient and Inefficientd)Neither Efficient nor InefficientCorrect answer is option 'B'. Can you explain this answer?.

Solutions for Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 7 units is termed as ……………….. a)Efficientb)Inefficientc)Both Efficient and Inefficientd)Neither Efficient nor InefficientCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 7 units is termed as ……………….. a)Efficientb)Inefficientc)Both Efficient and Inefficientd)Neither Efficient nor InefficientCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 7 units is termed as ……………….. a)Efficientb)Inefficientc)Both Efficient and Inefficientd)Neither Efficient nor InefficientCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 7 units is termed as ……………….. a)Efficientb)Inefficientc)Both Efficient and Inefficientd)Neither Efficient nor InefficientCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 7 units is termed as ……………….. a)Efficientb)Inefficientc)Both Efficient and Inefficientd)Neither Efficient nor InefficientCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 7 units is termed as ……………….. a)Efficientb)Inefficientc)Both Efficient and Inefficientd)Neither Efficient nor InefficientCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.