Remuneration of Employees
Advertisements
Advertisements
Question
Write the word or phrase or term which can substitute the following:
The principle of management explaining about fair payment to workers.
One Word/Term Answer
Advertisements
Solution
shaalaa.com
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Explain briefly Unity of Direction and Order as principles of general management.
Explain the following principle of management:
Discipline
Management principles influence .................. .
Top level management and Middle level management
Now a days management is treated as a separate profession in modern world.
Management is a .......................... science.
State any two causes of fatigue that may create hindrance in the employee’s performance.
Select the proper option from the options given below and rewrite completed Sentence.
14 principles of management are developed by ________.
Write a word or phrase or a term which can substitute the following.
The principle of management that says the work should be divided into parts.
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.
Explain the nature of principles of management.
|
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:
______ is the process of dividing work into manageable activities and then grouping the activities which are similar in nature.
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 |
"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.
Principles of Management are not as accurate as principles of Science because ______.
