define time and speed study in business? in 1 marks
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Time study is a structured process of directly observing and measuring human work using a timing device to establish the time required for completion of the work by a qualified worker when working at a defined level of performance
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In time study, Taylor emphasized on setting a standard time limit for completing any particular job. This study basically aims at deciding the number of workers to be employed for the task, determinuing their wages,etc.
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