Mr. Ram stared a small business with limited investment, he hired labour and them very less wages over the time with broad vision of Ram and hard work of his employees. The business started earning very good revenure but with increase in earning capacity of campany also Ram did not increases the wages and salary of his employees, they were not able to maintain a reasonable standared of living.
Identify the principle of management, overlook by Mr. Ram.

Karan is running a mega mart in Kanpur to provide various types of products of daily use under one roof to the buyers. the employee turnover in his business is very high and he is perpetually on a look out for new staff. The fact of the matter is that he lacks managerial skills and assigns work to his employees on adhoc basis without letting them settle down in a specific work. This approach of his creates a sense of insecurity among the employees and they tend to leave the job very quickly. However, he is a very God fearing person and offers fair wages to his employees so they can afford a reasonable standard of living. In context of the above case: He is a very good fearing person and offers fair wages to his employees so they can afford a reasonable standard of living." Name and explain the relevant principle of management will has been brought into effect by Karan

How did Abdul Kalam earn his first wages?

Karan is running a mega mart in Kanpur to provide various types of products of daily use under one roof to the buyers. the employee turnover in his business is very high and he is perpetually on a look out for new staff. The fact of the matter is that he lacks managerial skills and assigns work to his employees on adhoc basis without letting them settle down in a specific work. This approach of his creates a sense of insecurity among the employees and they tend to leave the job very quickly. However, he is a very God fearing person and offers fair wages to his employees so they can afford a reasonable standard of living. In context of the above case: Identify and explain the principle of management which Karan is unable to apply and is perpetually on a look out for new staff.