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Explain the Following Principles of Management: Subordination of Individual Interest to General Interest. - Business Studies

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Question

Explain the following principles of management:

Subordination of Individual Interest to General Interest.

Solution

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

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2014-2015 (March) All India Set 3

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