Business A-Level
Piece-rate Pay
What Piece-rate Pay means in Business A-Level, as defined for Pearson Edexcel.
Definition of Piece-rate Pay
A payment system where workers are paid a fixed amount for each item they produce.
Topics that use Piece-rate Pay
- Theme 1: Marketing and people (Pearson Edexcel A-Level)
Related terms
- Market Share
- Price Elasticity of Demand (PED)
- Product Life Cycle
- Span of Control
- Unique Selling Point (USP)
Using Piece-rate Pay in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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