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Question
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.
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Solution
The principle of management explaining the importance of fair payment to workers: Principle of Remuneration
Explanation-
The principle of remuneration to employees states that compensation given to employees should be fair in the eyes of the employees as well the management. This implies that each person in the organisation should be given fair wage and salary this will help him/her maintain a decent standard of living.
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RELATED QUESTIONS
Explain briefly Unity of Direction and Order as principles of general management.
Explain the following principles of management:
Development of Each and Every Person to His or Her Greatest Efficiency.
‘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
State with reasons, whether the following statement is True or False:
Principles of management improve the efficiency of employees.
What is Management? Explain the functions of Top level and Lower level management.
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?
Management principles influence ________.
Write a word or phrase or a term which can substitute the following:
The one who is known as father of modern management.
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:
Principles of management improve the efficiency of employees.
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 |
Correct the underlined word and rewrite the following sentence.
Management techniques are applied differently under different conditions.
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 |
What is principle management?
Which of the following statements is false with respect to principles of management?
Justify the following statement.
Principles of management can be applied universally.
