Voltech India Ltd. Is manufacturing LED ulbs to save electriclty running under heavy losses. To revive from the losses, the management thought of shifting the unit to a backward area where labour is available at a low cost. The management also asked the workers to work overtime without any additional payment and promised to increased to wages of teh workers after achieving its mission. Within a short peiod the company started earing profits because both the management and the workwers honoured their commitments. State the principle of management described in the above para.

Voltech India Ltd. Is manufacturing LED ulbs to save electriclty runni

1.	Voltech India Ltd. Is manufacturing LED ulbs to save electriclty running under heavy losses. To revive from the losses, the management thought of shifting the unit to a backward area where labour is available at a low cost. The management also asked the workers to work overtime without any additional payment and promised to increased to wages of teh workers after achieving its mission. Within a short peiod the company started earing profits because both the management and the workwers honoured their commitments. State the principle of management described in the above para.
Answer» Correct Answer - Discipline