Advertisements
Advertisements
Question
Explain briefly Remuneration of Employees and Scalar Chain as principles of general management.
Advertisements
Solution
Remuneration of employees: Employees in the organisation must be paid fairly or adequately to give them maximum satisfaction. Remuneration must be fair and just because if employees are underpaid, then they will not be satisfied and an unsatisfied person can never contribute maximum to the organisation. Dissatisfaction will lead to increase in employee turnover. To have stability in the organisation and to receive maximum benefits from employees, they must be paid fairly based on financial capacity, wages and salaries paid by competitors and keeping in mind the Minimum Wage Act of the government.
Scalar chain: A scalar chain refers to a pre-defined, formal path of authority and communication in the order of highest to lowest. For example, A is the project manager in an organisation, and he further has a project lead (B) and a team member (C) under him. So, the chain of communication would be A-B-C. Suppose there is another hierarchical order wherein he has a team manager (D) and a team member (E), i.e. the chain of communication is A-D-E. Now, if C wants to communicate with E, then he would follow the communication path C→B→A→D→E. That is, C would first contact the higher authorities (C→B→A) who would then send the message to E(A→D→E)
RELATED QUESTIONS
Explain briefly Initiative and Esprit de Corps as principles of general management
Explain the following principles of management:
Development of Each and Every Person to His or Her Greatest Efficiency.
State with reasons whether the following statements are True or False
Principles of management are rigid.
Top level management and Middle level management
There are .................. levels of management in a business organisation.
How is the Principle of ‘Unity of Command’ useful to management? Explain briefly.
Explain the technique of ‘Functional Foremanship’ and the concept of ‘Mental Revolution’ as enunciated by Taylor.
Management principles influence ________.
Select the proper option from the options given below and rewrite completed Sentence.
Principle that focuses on complete change in the attitude of the employees is known as the principle of ________.
Match the correct pairs:
| Group A | Group B | ||
| a | Henry Fayol | 1 | Universal |
| b | Principle of unity of command | 2 | Father of Scientific Management |
| c | Time study | 3 | Specific |
| d | F.W. Taylor | 4 | French engineer |
| e | Management principles | 5 | Study the time required to do a job |
| 6 | German engineer | ||
| 7 | One man one boss | ||
| 8 | Study the body movements of the Worker | ||
| 9 | Father of nation | ||
| 10 | One man many bosses |
State with reasons whether the following statement true or false:
Principles of management are rigid.
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.
Only some principles of management are important.
Match the correct pairs.
| Group A | Group B |
| A. Henry Fayol | 1. One Head One Plan |
| B. Principle of Unity of Direction | 2. gangplank |
| C. Nature of principles of Management | 3. to do work in an innovative way |
| D. Principles of Initiative | 4. team spirit |
| E. Principle of Discipline | 5. Father of Modern Management |
| 6. general guidelines | |
| 7. right to take decisions | |
| 8. F W Taylor | |
| 9. remuneration | |
| 10. obey and respect the rules |
|
After completing her Bachelors in Fashion Designing from a well-known college in France, Aditi has opened a boutique in a posh market in Kolkata. She has divided the work in smaller units and each employee is well trained to perform his/her task efficiently. The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority. In the earlier period of her business venture, employees were asked to put in extra hours of work. In return she had promised to give them a special incentive within a year. Therefore, when the business was doing well, she honour her commitment by giving bonus to her employees. She also instructed her employees that communication from top to bottom should follow the official lines of command. However, she tends to be more biased towards her female employees, when it comes to solve the conflicts among employees. |
“The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority.” Identify the principle of Management being followed here:
How are the Management principles derived?
Management principles are contingent or dependent upon the situations prevailing in the organization. Which is the correct explanation associated with this statement?
"M/s J.K. Computers’ is a small organisation engaged in assembling of computers. In this organisation, decision making rests with top management while the middle level is involved in only the implementation of plans. On the other hand, ‘Progressive Computers Ltd." is a large company where a number of people from each level are involved in the decision-making process.
The application of the principle of ‘Centra- lisation and Decentralisaton’ is different in the two organisations as the situation in each enterprise is not same.
From the following identify the nature of principles of management:
Explain 'General Guidelines’ as a feature of principles of management.
Principles of management improve the efficiency of employees.
