Principles of Taylor and Fayol are mutually complementary. One believe

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 paragraph.
Answer» 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 paragraph.

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 paragraph.

Answer»

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 paragraph.

Discussion

No Comment Found

Related InterviewSolutions

Coordination is required at which level of management?
How does branding help in creating product differentiation? Does it help in marketing of goods and services?
To leapfrog the overall development of the north-eastern region and realize its potential it is important to leverage the power of information technology. Discuss the objectives and challenges associated with ‘Digital North East Vision 2022’
Explain the concept of Inflationary Gap. Explain the role of Repo Rate in reducing this gap.
Financial leverage is called favourable if (a) Return on investment is lower than the cost of debt (b) Rol is higher than the cost of debt (c) Debt is easily available (d) If the degree of existing financial leverage is low
Why did the peddler decline the invitation?
What is mean by Omenta and Mesentries?
From the following infromation, calculate Proprietary Ratio: ₹ Equity Share Capital 3,00,000 Preference Share Capital 1,50,000 Reserves and Surplus 75,000 Debentures 1,80,000 Trade Payables 45,000 7,50,000 Fixed Assets 3,75,000 Short-term Inverstments 2,25,000 Other Current Assets 1,50,000 7,50,000
The process which is the most suitable candidate is placed to fill the vacant job position.
Budgetary control requires the preparation of (a) Training schedule (b) Budgets (c) Network diagram (d) Responsibility centres

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment