Business Studies · Labor Remuneration & Incentive Schemes
Which of the following statements about group bonus schemes are correct? 1. Group bonus schemes are appropriate when increased output depends on a number of people all making extra effort. 2. With a group bonus scheme, it is easier to award each individual's performance. 3. Non-production employees can be rewarded as part of a group bonus scheme. 4. Compared with individual schemes, group bonus schemes are difficult to administer.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 13 and 4 only
- 22 and 4 only
- 31 and 2 only
- 41 and 3 only✓
Correct answer
1 and 3 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Business Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Labor Remuneration & Incentive Schemes MCQs →Want more practice questions on Labor Remuneration & Incentive Schemes?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Business Studies · Labor Remuneration & Incentive Schemes