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प्रश्न
Explain the following principles of management:
Subordination of Individual Interest to General Interest.
उत्तर
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
संबंधित प्रश्न
The principle of management which says ‘unity is strength’.
Explain the following principles of management:
Science, not rule-of-thumb.
Why is it said that principles of management are mainly behavioural in nature?
Explain briefly 'Discipline' and 'Unity of Command' as general principles of management.
State the features of management.
The principle of management relates to justice and kindness.
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?
Write a word or phrase or a term which can substitute the following:
The one who is known as father of modern 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 |
Read the following text and answer the following questions on the basis of the same:
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.
Aditi has divided the work in smaller units and each employee is well trained to perform his/her task efficiently. Which principle of management is being followed here?
How are principles of management formed?
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 |
Explain 'General Guidelines’ as a feature of principles of management.