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Question
Explain the following principles of management:
Development of Each and Every Person to His or Her Greatest Efficiency.
Solution
Development of Each and Every Person to His or Her Greatest Efficiency: According to Taylor, the overall efficiency and productivity in an organisation depend on how competent individual employees are. Accordingly, to improve the overall productivity and efficiency, the working capabilities of employees must be improved by proper training.
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Explain any four characteristics of 'principles of management.'
Explain briefly Espirit de Corps and Order as general principles of management.
'Aapka 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. 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. Kartik, 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
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Principles of management are rigid.
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The principle of management which says unity is strength.
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Nature of management.
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Principles of management improve the efficiency of employees.
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Correct the underlined word and rewrite the following sentence.
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Arrange in proper order.
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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.
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Explain 'General Guidelines’ as a feature of principles of management.
