BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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STABILITY OF TENURE
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REMUNERATION OF WORKERS
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INITIATIVE
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ESPIRIT DE CORPS
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Detailed explanation-1: -’Principle of initiative’ indicates that employees at all levels should be encouraged to develop and carry out plans for improvements.
Detailed explanation-2: -Initiative-The management should support and encourage the employees to take initiatives in an organization. It will help them to increase their interest and make then worth.
Detailed explanation-3: -1 Answer. (i) It is ‘Principle of Initiative’. According to Fayol, it is the duty of the manager to encourage the feeling of initiative among his employees for doing some work or taking some decision but within the limits of authority and discipline.
Detailed explanation-4: -According to Fayol’s principle of management, Workers should be encouraged to develop and carry out their plans for improvements. It is based upon the principle of initiative.