Business A-Level
piece rate
What piece rate means in Business A-Level, as defined for AQA.
Definition of piece rate
Check what you remember
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Reference: AQA
Paying per unit produced, which lifts volume where output is countable and standardised, and wrecks quality where it is not.
Topics that use piece rate
Related terms
- attribution and time lag
- cost against benefit
- fitness for the task
- labour productivity
- labour turnover and absence
- measuring effectiveness
- commission
- discretionary effort
Using piece rate in the exam
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