Question

1) Every year a meeting is organized in the lawns of the owner of a company. In this meeting the owner of the company grants some funds for the benefit of the families of the employees. The employees on the other hand never resist any change or put excessive demands. The general environment in the company is very supportive to the employees. The employee turnover ratio is very low. Which concept of management is discussed here? Which principle of management will be easily followed here? (3)​

Answer 1

Which concept of management is discussed here? Which principle of management will be easily followed here?

Explanation:

Concept of management

Organisational objective of management which provide some perks to their employers.

Principle of management

Stability of personnel

It states that the employers should give  reasonable time to show results and may not be moved from their positions.