Remuneration of Employees
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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
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Solution
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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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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.
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.
Write a word or phrase or a term which can substitute the following.
The principle of scientific management which explains the use of scientific methods to determine the activity performed by the employee.
Write a word or phrase or a term which can substitute the following.
The statements of fundamental truth of management.
Match the pairs.
| Group A |
Group B |
| A) Henry Fayol |
1) Eight Foremen |
|
B) Principle of Unity of Direction |
2) F.W. Taylor |
|
C) Principle of Management |
3) Proper division of all activities |
|
D) Scientific Management Theory |
4) General guidelines |
|
E) Functional Organization |
5) A place for everything and everything in its place |
|
6) One head-one plan |
|
|
7) Low wage rate |
|
|
8) Harmony between the employee and management |
|
|
9) German engineer |
|
|
10) Modern Management |
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 |
Principles of management provide managers with useful insights into reality. Which of the following statements explain this appropriately:
______ principle of management is being violated if management does not fulfill its promise to increase wages of the workers after the mission is accomplished.
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From the following identify the nature of principles of management:
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