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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Principle of subordination of individual interest to general interest
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Principle of Esprit de corps
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Principle of initiative
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Principle of discipline
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Detailed explanation-1: -According to Fayol, organisational interest should be given more priority as compared to individual interest of an employee. An organisation has its own objective while an individual worker has his own individual interest for working in a company. The interests of the group must supersede that of the individual.
Detailed explanation-2: -Subordination of Individual Interests to General Interest is one of Fayol’s fourteen administrative principles where any individual’s interest that conflicts with an organizational interest must be subordinated to the interests of the organization.
Detailed explanation-3: -Emphasis on Subordination of Personal Interest to General or Common Interest: This is also called principle of co-operation.
Detailed explanation-4: -Results of disobeying this principle: No respect for employees in the organization. Poor coordination is seen in the organization. Difficulty in the achievement of goals and objectives. No efficiency in the performance.