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Assume that you have started a business in Ibri. As you know labor cost is one of the major component of costs of a

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Assume that you have started a business in Ibri. As you know labor cost is one of the major component of costs of a product or service. There are different methods followed to determine the labour cost in order to find total cost of a product or service, even to satisfy employees of a business. Required: Write a report as per the instructions given below: a) Select any three bonus plan suitable for your business and explain briefly about them with suitable examples.

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