Business Studies, asked by officialghoshsourav0, 2 months ago

Mr A believed that management should not close ears to constructive suggestions made by the employees, while Mr B suggested that a good company should have an employee suggestion system, where by suggestions which result in substantial time or cost reduction should be re rewarded.

Identify and explain the principles of management given by Mr A & Mr B.​

Answers

Answered by mufiahmotors
2

Answer:

Taylors principle of management which says, management should not close its ears to any constructive suggestions made by the employees, is Cooperation. There should be complete cooperation between the labour and the management instead of individualism.

Answered by anubhavfflover
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Answer:

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Important Questions for CBSE Class 12 Business Studies Fayol Vs Taylor

November 21, 2015 by Sastry CBSE

Principles of Management Important Questions for CBSE Class 12 Business Studies Fayol Vs Taylor

Henri Fayol (a practioner) and FW Taylor (Scientist) are associated with the classical management theory. Both of them immensely contributed towards the study of management as a discipline.

They were different in their contributions but essentially they were complementary in nature.

important-questions-for-class-12-business-studies-cbse-fayol-vs-taylor-T4- introductionjpg_Page15 Marks Questions

1. Principles of Taylor and Fayol are mutually complementary. One believed that management should not close its ears to constructive suggestions made by the employees while the other suggested that a good company should have an employee suggestion system, whereby suggestions which result in substantial time or cost reduction should be rewarded. Identify and explain the principles of Taylor and Fayol referred in the above para. (Delhi 2014)

Ans. Cooperation and individulaism Management should not close its ears to constructive suggestions made by the employees, is related with the principle of Taylor, i.e. ‘cooperation not individualism’. This principle is an extension of principle of harmony. Competition should be replaced by cooperation. Management and workers both should realise that they need each other. For this management should entertain the constructive suggestions of employees and at the same time, workers should also cooperate with management.

Initiative The another principle is related with Fayol was ‘initiative’ in which he suggested that employees at all levels should take initiatives or actions without any force or boundations. This will help to motivate them and they will work hard for the betterment of the organisation. He stressed that a good company should have an employee suggestion system where by initiatives/suggestions which result in substantial cost/time reduction should be awarded.

2. Principles of Taylor and Fayol are mutually complementary. One believed that the management should share the gains with the workers, while the other suggested that employees compensation should depend on the earning capacity of the company and should give them a reasonable standard of living. Identify and explain the principles of Fayol and Taylor referred to in the above para. (All India 2014)

Ans. Taylor believed ‘management should share the gains with workers’. This has been emphasised by the principle of ‘harmony, not discord’, which also emphasised on mental revolution.

Harmony, not discord The interests of the employers and employees should be fully harmonised so as to create a good relationship. Taylor emphasised that there should be complete harmony between the management and workers. This requires a transformation in the thinking of both, which can be achieved through mental revolution. Management should share the gains of the company with the workers. At the same time, workers should work and embrace changes. Taylor beleived in, that prosperity for the employer cannot exist for a long time unless it is accompanied by prosperity for the employees and vice-versa.

In the same way, Fayol’s principle of ‘remuneration of employees’ suggested that the employees compensation should depend on the earning capacity of the company and should give them a reasonable standard of living.

Remuneration of employees According to Fayol, the quantum and methods of remuneration payable to employees should be fair and reasonable. It should be satisfactory to both employers and employees.

Thus, we can say that Taylor’s and Fayol’s principles are mutually complementary.

3. Principles of Taylor and Fayol are mutually complementary. One believed that the management should scientifically select the person and the work assigned should suit his/her physical and intellectual capabilities, while the other suggested that the work can be performed more efficiently if divided into specialised tasks. Identify and explain the principles of Fayol and Taylor referred to in the above para.

(Foreign 2014)

Ans. The

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