justify the following statement :
1) Principle of management are flexible in nature ?
2) Management principles are helpful in optimum utilization resources ?
3) Principle of equity is important ?
4) Taylor emphasized on standardisation of tools and equipment ?
5) Differential piece wage rate plan is necessary ?
Answers
Explanation:
Q3
1) Management should be fair as well as friendly to the subordinates. The principles of equity is a statement serve as a guideline for decision making and management actions.
2) While dividing the work, delegating the authority, deciding the monetary terms etc. there should not be any discrimination between the employees.
3) It is also suggested that the remuneration should not depend on the department but at the level on which subordinates are working.
4) The employees working on the same level but in different departments should be paid same wages. This equity will help in avoiding conflicts in the organization.
Therefore, according to Henry Fayol's administrative theory of management principles of equity is important.
According to marking pattern this length of answer is sufficient to score full marks in justify.
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