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Q. Show Merits of the group incentive schemes?
Merits of the group incentive schemes:
1. It creates a collective interest in the work.
2. High output and economical production is achieved.
3. Jealousy among workers is prevented.
4. It ensures better cooperation and term spirit and reduction in the absenteeism.
5. It reduces the cost of supervision, cos of calculation of bonus and wastage.
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