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The employees "offers to work" overtime ...

The employees "offers to work" overtime without any compensation to increase the profit.

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Voltech India Ltd. Is manufacturing LED ulbs to save electriclty running under heavy losses. To revive from the losses, the management thought of shifting the unit to a backward area where labour is available at a low cost. The management also asked the workers to work overtime without any additional payment and promised to increased to wages of teh workers after achieving its mission. Within a short peiod the company started earing profits because both the management and the workwers honoured their commitments. State the principle of management described in the above para.

Manav Agro Industries has lately expanded its business, due to an increasing demand of processed foods. As a result of this increasing demand, new players entered the market leading to increased competition. To cope up with increasing competition and to improve supplies, the company forced its work force to work overtime, without additional incentives. Subordinates had to work for more than one superior resulting in declining efficiency. The divisions that were working on one product were made to work on multiple projects, leading to wastages. Identify the principles violated by the management and their effects.

Fast Cool Industries (AC manufacturing company) asked its employees to work overtime in order to meet growing demand of AC in the summer season. However, the employees were not paid overtime wages for extra time worked by them. As a result, the employees always felt dissatisfied and it led to unhealthy relationships between the employees and management. Identify the principle of management not observed by Fast Cool Industries.

The engineers have been working overtime, but "have been not able" to locate the fault.

Vijay work as a Plant Superintendent in a shoe manufaturing company. Due to increase in demand the sales manager insisted the workers to faster the production, the production manager asked the work overtime instead of increasing the speed to maintain the equliy of productin. Whereas the finance manager is strictly agiainst this parctice of overtime. Because ot will increase the cost of production. Identify and example the principle of management violated in above case.

Calculate operating surplus and compensation of employees.

Study the pie chart and answer the question IF 80% of the number of employees working in IT department and 40% of the number of the employees working in both the HR and Accounts departments are females, then total number of female employees working in these three department is