Business Studies, asked by zainnadeem00022, 9 months ago

Telco Ltd. manufactures files and folders from old clothes to discourage the use of plastic files and folders. For this, they employ people from nearby villages where very less job opportunities are available. An employee, Harish, designed a plan for cost reduction but it was not welcomed by the production manager. Another employee gave some suggestions for improvements in design, but it also was not appreciated by the production manager.
1. State which management principle is violated in the above scenario.
2. Identify any two values that the company wants to communicate to the society.

Answers

Answered by jefferson7
20

Telco Ltd. manufactures files and folders from old clothes to discourage the use of plastic files and folders. For this, they employ people from nearby villages where very less job opportunities are available. An employee, Harish, designed a plan for cost reduction but it was not welcomed by the production manager. Another employee gave some suggestions for improvements in design, but it also was not appreciated by the production manager.

1. State which management principle is violated in the above scenario.

2. Identify any two values that the company wants to communicate to the society.

Explanation:

Initiative is one of  Fayol's  principles  of successful management.It gives an opportunity to its employees to suggest novel ideas, experiences and more convenient procedures  of conducting work. He believed that employees should be encouraged to take the initiative in their work

a) Initiative: This can be defined as an eagerness to initiate action without being expressly  asked

(b) Values which the company wants to communicate to the society are:

  •  Sensitivity towards the environment
  • Creation of job opportunities
  •  Development of backward regions.
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