12th Class Business Studies Principles Of Management Question Bank MCQs - Principles of Management

  • question_answer
    According to Taylor, management should not close its ears to any constructive suggestions made by the employees. They should be rewarded for their suggestions which results in substantial reduction in costs. They should be part of management and, if any important decisions are taken, workers should be taken into confidence. At the same time workers should desist from going on strike and making unreasonable demands on the management. Both should realise that they need each other. In fact, when there will be open communication system and goodwill there will be no need for even a trade union. Paternalistic style of management, whereby the employer takes care of the needs of employees, would prevail as in the case of Japanese companies. Identify the principle of scientific management highlighted in the above paragraph.

    A) Science, not rule of thumb

    B) Harmony, not discord

    C) Cooperation, not individualism

    D) Development of each and every person to his/her greatest efficiency

    Correct Answer: C

    Solution :

    [c]


You need to login to perform this action.
You will be redirected in 3 sec spinner