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Principles of management improve the efficiency of employees. -

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Question

Principles of management improve the efficiency of employees.

Answer in Brief

Solution

  1. Management principles, when adopted and used correctly by the organization, help to increase comprehension and overall efficiency of the personnel. Management principles promote planned actions and methodical organization of individuals, materials, processes, machinery, etc. which serve to improve and increase the efficiency of employees.
  2. Management principles aid managers in handling human resources, reducing waste, coordinating the work of different departments, etc. This helps to boost organizational productivity and, as a result, employee efficiency. Management principles can also help to build an objective perspective.
  3. The application and usage of management principles leads to specialization, better productivity, and efficiency. It improves employee morale. These concepts aid in the coordination and control of the organization's numerous tasks, as well as in motivating people to execute more efficiently and effectively.
  4. The principle of fair payment requires management to provide reasonable wages and other incentives to employees. This goes a long way toward improving staff morale, which in turn motivates them to do their jobs more efficiently. Management principles also assist in understanding societal obligations and carrying out research and development initiatives to improve staff efficiency.
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