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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Stability of personnel
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Remuneration of employees
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Equity
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Esprit De Corps
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Detailed explanation-1: -Answer: (a) Stability of personnel.
Detailed explanation-2: -Explanation: The principle of “Stability of personnel” in general management advocates that Employees turnover should be minimized to maintain organizational efficiency.
Detailed explanation-3: -Stability of tenure of Personnel refers to no frequent termination and transfer. According to this principle, the management should provide the feeling of job security among the employees because with the feeling of insecurity they will not contribute their maximum in the organisation.
Detailed explanation-4: -The principle of ‘Stability of Tenure’ suggests that employees should not leave the organisation frequently.
Detailed explanation-5: -Stability of tenure of personnel reduces employee turnover and increases productivity.