Pawan is working as a Production Manager in CFL Ltd. Which manufactures CFL bulbs. There is no class-conflict between the management and workers. The working conditions are very good. The company is earning hoge profits. As a policy, the management shares the profits earned with the workers because they believe in the prosperity of the employees. State the principle of management described in the above paragraph.

Pawan is working as a 'production manager' in CFL Ltd. Engaged in manufacturing of CFL bulbs. There is no class conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy matter, management is sharing the gains with the workers because they believe that properity of the company cannot exist for a long time without the prosperity of the employees. Identify the principle of management described in the above para.

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.

Voltech Ltd. Is engaged in producing electricity from demesitic grabage. There is almost equal division of work and responsibility between workers and management. The management even takes workers into confidence before taking important dicisions. All the workeers are satisfied as the behaviour of management is good. State the principles of management discribed in above para.

Zaika Ltd. is a company manufacturing garments under the brand name 'Amol'. The management of the company does not give wokers reasonable time to show results. Even the management does not promote a team spirit of unity and harmony among the workers. The workers often have to work under two superiors at the same time. (a) Identify and state the principles of management overlooked in the above case. (b) State the consequences which Zaika Ltd. will have to face by not following the principles indentified in part (a).

According to Taylor, management should not close its ears to any constructive suggestions made by the employees. They should be rewarded for their suggestions which results in substantial reduction in costs. They should be part of management and, if any important decisions are taken, workers should be taken into confidence. At the same time, workers should desist from going on strike and making unreasonable demands on the management. Both should realise that they need each other. In fact, when will be open communication system and good will there will be need for even a tade union. Paternalistic style of management, whereby the employer takes care of the needs of employees, would prevail as in the case of Japanese companies. Identify the principle of scientific management highlighted in the above paragraph.

The management of a company promises the workers to pay extra wages if they work overtime, but later on management refeses to pay extra wages. Which principle is viollated in this case?

After finishing he BBA degree course, Tanya gets a job of Assistant Manager in a retail company through the reference of her cousing Taruna who works in the same company as a Senior Manager. Taruna decides to guide Tanya through her experience by making her awar of the important facts about management in paracice. She talls heer that neighter the principles of management provide any readymade, straitjacket solutions to all managerial problems nor they ar not rigid prescriptions, which have to be followed absolutely. (i) Identify the two features of priciples of management mentioned in the above paragraph by quoting lines from the paragraph. (ii) Why do the principles of management not provide readymade, straitjacket solution to all managerial problems ?

According to Taylor, scientific method should be used to analyse methods of production prevalent under the rule of thumb. The best practices can be kept and further refined to develop a standard which should be followed throughout the organisation. These are the benchmarks, which must be adhered to during production. Its objective if to reduce a given line or product to fixed types, sizes and characteristics, and to establish interchange ability of manufactured parts and products. Scientific management also aims at eliminating unnecessary diversity of products. Most large companies like Nokia, Toyota and Microsoft etc. have successfully implemented this tecnique of scientific management. This is evident their large share in their respective markets. Identify the technique of scientific management highlighted in the above paragraph.

Mohan and Sohan are friends working in Surya Ltd. As production Manager and Sales Manager respectively. In an interdepartmental meeting, Sohan informed Mohan about a change in the marketing policy of the company. Identify the type of communication used in the above example.