BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Remuneration
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Initiative
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Discipline
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Order
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Detailed explanation-1: -Order. This principle is concerned with proper & systematic arrangement of things and people. Arrangement of things is called material order and placement of people is called social order.
Detailed explanation-2: -The principle of the order states that a place should be fixed for everything and everyone and everything and everyone should be in its place. Essentially it means orderliness. If there is a fixed place for everything and it is present there, then there will be no hindrance in the activities of business/ factory.
Detailed explanation-3: -Order. This principle states that there should be an orderly placement of resources (manpower, money, materials, etc.) in the right place at the right time.
Detailed explanation-4: -His principle talks about two kinds of orders: material and social. Material order means the right arrangement for the physical resources of a company; a proper place for everything so that there is no confusion while finding the material hence there will be less wastage of time and efforts.