Question

Tanvi is a manager in Beta ltd, a company manufacturing plastic glasses and by The government banned
plastic items. As a result, Beta Ltd. incurred a huge loss as it had to stop production of plastic glasses and bowls,
and had to purchase new machinery for producing paper glasses and bowls.
The
management of the company entered into an agreement with labour union whereby workers agreed to
put in extra hours without additional payment to revive the company out of loss. In return the management
promised to increase wages of the workers when this mission was accomplished.
Tanvi found that workers' efficiency declined due to long working hours. She conducted an experiment to see
the effect of improvement of physical conditions of work to reduce stress. It worked and workers efficiency and
productivity increased manifold.
Within two months, the company revived out of loss. The management in returned increased their wages by
30 per cent.
(a) Identify and explain the principles/technique of management highlighted above.
(b) State the characteristic of principles of management highlighted above.

past reply please solution
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Answer 1

The  technique of management that is highlighted in the above statement is is use of efficient human resource management

Explanation:

• human resource management is an important aspect because it deals with the utilisation and increase of the working capacity of the human beings.
• For example if the physical stress is decreased due to the presence of air conditioning and other factors and also if good standards of living are given to the workers then they perform the work more efficiently and also be increase the level of their working