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Question
Explain the following principles of management:
Development of Each and Every Person to His or Her Greatest Efficiency.
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Solution
Development of Each and Every Person to His or Her Greatest Efficiency: According to Taylor, the overall efficiency and productivity in an organisation depend on how competent individual employees are. Accordingly, to improve the overall productivity and efficiency, the working capabilities of employees must be improved by proper training.
RELATED QUESTIONS
Explain briefly Remuneration of Employees and Scalar Chain as principles of general management.
Explain the following principles of management:
Science, not rule-of-thumb.
‘Adharshila Vidyalaya’ believes in holistic development of students and encourages team building through a mix of curricular, co-curricular and sports activities. On its Founders’ Day, a stage performance had to be put up. A committee of ten prefects was constituted to plan different aspects of the function. They all decided to use recycled paper for decoration. As there was a spirit of unity and harmony and all members supported each other with mutual trust and belongingness, the programme was systematically planned and executed. Arvind, one of the prefects, realised that unknowingly the group had applied one of the principles of management while planning and executing the programme. He was so inspired by the success of the function, that he asked his father to apply the same principle in his business. His father replied that he was already using this principle.
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State the principle of management which refers to concentration of power or authority.
What is Management? Explain the functions of Top level and Lower level management.
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A production manager at top level in a reputed corporate, Mr. Rathore holds the responsibility for ordering raw material for the firm. While deciding on the supplier for the financial year 2017-18, he gave the order to his cousin at
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Bhasin’ limited was engaged in the business of food processing and selling its products under a popular brand. Lately the business was expanding due to good quality and reasonable prices. Also with more people working the market for processed food was increasing. New players were
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b. Explain these principles in brief.
c. What steps should the company management take in
relation to the above principles to restore the company
to its past glory?
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 |
Write a word or phrase or a term which can substitute the following:
The one who is known as father of modern management.
State with reasons whether the following statement true or false:
Principles of management are rigid.
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.
Correct the underlined word and rewrite the following sentence.
Management techniques are applied differently under different conditions.
|
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How are principles of management formed?
Management principles are very ______ whereas pure science principles are rigid.
How are the Management principles derived?
Principles of Management are not as accurate as principles of Science because ______.
Why is management required in organisations?
