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Disadvantages of piece rate payment method

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Distinguish between piece rate and commission payment methods.Define the term stakeholders

  • Briefly explain two disadvantages of piece rate payment method.
  • Briefly explain one way in which conflict may arise between different stakeholders groups in a business.
  • Distinguish between 'strategy and ' tactics'.
  • Briefly explain two stages of business decision making.
  • Describe two techniques that a business may use to encourage employee participation.

Reference no: EM132668933

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