Piece rates are used when: a. an individual's output is ...

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Piece rates are used when:
 a. an individual's output is independent of others and can be easily measured.
  b. the job involves team production.
  c. an individual's output can be affected by random events.
  d. monitoring is difficult.

Question 2

A firm needs to maximize the value to all of its
 A) managers.
  B) employees.
  C) suppliers.
  D) stakeholders.

[vboyd24]

Answer to Question 1

A

Answer to Question 2

D