Advertisements
Advertisements
Question
Explain the following principles of management:
Subordination of Individual Interest to General Interest.
Advertisements
Solution
Subordination of Individual Interest to General Interest: This principle says that organisational interest should be kept above individual interests. In this regard, all employees should work towards achieving the organisational goal. The reason being that organisational goals result in the growth of employees and stakeholders
RELATED QUESTIONS
Explain why is it said that principles of management are 'mainly behavioural' and 'contingent' in nature. Also explain how principles of management 'provides managers with useful insights into reality' and 'helps in thoughtful decision-making'.
Explain the following principles of management:
Harmony, not discord.
‘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.
a. Identify the principle of management applied for the success of the programme.
b. State any two features of management highlighted in the above paragraph.
c. Identify any two values which ‘Adharshila Vidyalaya’ communicated to the society
Explain the following principle of management.
Authority and Responsibility
Explain the following principles of management:
Co-operation, not Individualism
Write short note on the following.
Any five principles of management.
State with reasons whether the following statements are True or False
Principles of management are rigid.
Top level management and Middle level management
What is Management? Explain the functions of Top level and Lower level management.
SanakLal and Gagan started their career in Wales Limited (a printing press) after going through a rigorous recruitment process. Since they had no prior work experience, the firm decided to give them one year to prove themselves. Name the principle of management followed by Wales Limited.
How is the Principle of ‘Unity of Command’ useful to management? Explain briefly.
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
a higher price per unit instead of the firm’s usual supplier who was willing to lower the rates for the order. Which principle of management was violated by Mr. Rathore? What are the positive impacts of following the above identified principle?
Explain the technique of ‘Functional Foremanship’ and the concept of ‘Mental Revolution’ as enunciated by Taylor.
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 ________.
Write short note on the following.
Principle of scalar chain
Explain the nature of principles of management.
Answer in one sentence.
What is the meaning of principle?
What is principle management?
How are the Management principles derived?
