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प्रश्न
Write a word or phrase or a term which can substitute the following.
The principle of management explaining the importance of fair payment to workers.
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उत्तर
The principle of management explaining the importance of fair payment to workers: Principle of Remuneration
Explanation-
The principle of remuneration to employees states that compensation given to employees should be fair in the eyes of the employees as well the management. This implies that each person in the organisation should be given fair wage and salary this will help him/her maintain a decent standard of living.
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संबंधित प्रश्न
Explain briefly Unity of Direction and Order as principles of general management.
Explain briefly Remuneration of Employees and Scalar Chain as principles of general management.
Henry Fayol developed altogether _________ principles of management.
State the principle of management which refers to concentration of power or authority.
What is Management? Explain the nature of management.
Management is a .......................... science.
An organisation designed to liberalize and supervise the international trade.
Explain the principle of ‘Scalar Chain’ and gang plank.
Select the proper option from the options given below and rewrite completed Sentence.
Concentration of power of authority is stated in the principle of ________.
State with reasons whether the following statement true or false:
The principles of equity says that the employees should be differentiated while distributing the work and making payment.
Answer the following question.
Appliances India Ltd. is engaged in the manufacturing and distribution of home appliances since 1987. It has a good name in the market as the company is producing good quality appliances. It has separate departments for manufacturing, finance, sales maintenance services, and technical services to achieve specialization.
Since the areas of operations of the company have increased and customers have become more demanding, the company decided to modify the existing principle of management to meet the changing requirements of the environment.
State the general principle of management which the company wants to modify to meet the changing requirements.
Explain how the principles of management help the managers:
(i) in taking scientific decisions; and
(ii) in providing the managers with useful insights into real-world situations.
How are principles of management formed?
Principles of management are NOT
Match the correct pairs:
| Group ‘A’ | Group ‘B’ | ||
| (a) | Henry Fayol | (1) | It is the process of instructing, guiding, communicating and motivating |
| (b) | Directing | (2) | Scientific Management theory |
| (c) | Responsibility towards Government | (3) | It is the process of recruiting, selecting, placing and remunerating |
| (d) | Digital cash | (4) | To earn profit |
| (e) | Monopoly | (5) | Respecting rules and regulations |
| (6) | Exist only in cyber space | ||
| (7) | Exist everywhere | ||
| (8) | Single buyer | ||
| (9) | Modern management theory | ||
| (10) | Single seller |
Explain 'General Guidelines’ as a feature of principles of management.
