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Find the odd one. Principle of Authority and Responsibility, Principle of Division of Work, Principle of Discipline, Principle of Indemnity. - Organisation of Commerce and Management

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प्रश्न

Find the odd one.

Principle of Authority and Responsibility, Principle of Division of Work, Principle of Discipline, Principle of Indemnity.

असंगत शब्द पहचानिए
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उत्तर

Principle of Indemnity.

Explanation:

  • The principle of indemnity is a concept from insurance which states that the insured should not profit from an insurance claim but should be restored to approximately their financial position before the loss.
  • The other three – Principle of Authority and Responsibility, Principle of Division of Work, and Principle of Discipline – are management principles, particularly from Henri Fayol’s 14 Principles of Management.
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अध्याय 1: Principles of Management - Find the odd one

संबंधित प्रश्न

State any five principles of Henry Fayol.


The principle of ______ is based on 'A place for everything and everything in its place'.


Scalar chain means the hierarchy of ______ from the top level to the lower level for the purpose of communication.


Henry Fayol has given different techniques of management.


Each member of the organization should receive orders only from one superior.


Find the odd one.


Answer in one sentence.

What is Subordination of individual interest into organizational interest? 


Correct the underlined word and rewrite the following sentence.

Security in job always affects adversely on the efficiency of employees.


Correct the underlined word and rewrite the following sentence.

Each member of organization should receive orders from only one subordinate.


Study the following case/situation and express your opinion.

Mr. Harshad is an entrepreneur and is engaged in the production of eco-friendly utensils. Both male and female workers are working in his factory. All male employees are directly working on machines whereas female employees are working in Packaging Department. Mr. Sharath is working as Finance Manager while Mrs. Naina is working as HR Manager who is responsible for recruiting employees in the factory. On this basis:
  1. Identify any one principle of management in the above case.
  2. What is the designation of Mrs. Naina in this organization
  3. Who is responsible for the overall planning of the organization?

Justify the following statement.

Principle of equity is important.


Explain the following term/concept.

Principle of Unity of Command


Principle of equity are very important.


Principle of order are very important.


Explain the following term/concept:

Principle of Discipline


Match the correct pair:

Group 'A' Group 'B'
(a) Principle of Unity of direction (1) Right to information
(b) Planning (2) Last function of Management
(c) Warehousing (3) Distinct Name
(d) Consumer Right (4) One head one plan
(e) Registered brands (5) Seller
    (6) Basic function of management
    (7) Time Utility
    (8) General guidelines
    (9) Trademark
    (10) Place Utility

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