Question : In bajaj industries the employees objectives were in direct contrast to organisational objectives. The employees ignore their own interest to give priority to organisations objectives. Which management principle is being highlighted in the given statement?
Option 1: Order
Option 2: Subordination of individual interest to general interest
Option 3: Equity
Option 4: None of the above
Correct Answer: Subordination of individual interest to general interest
Solution : According to this principle interest of the organisation as a whole must prevail over the interest of the individuals or employees.
Hence, option B is correct.
Question : Rajesh is the purchaser manager of a company has to purchase 55 tones of raw material. He purchase the raw material from a firm owned by his relative at a rate more than the market price. Which principle of management is being violated in the given statement?
Question : When a manager gives the contract for supply of raw material to his friend or relative ignoring other parties who can supply the same at a cheaper rate. Which of the management principle is being violated in the given statement?
Question : A sales employee is allowed to give discount of to 12% by the marketing manager, where has finance power to offer discount up to 6%.Which principle of management is being violated her?
Question : The principles of management are intended to applied to all types of organisations. The given statement tell us about which nature of principles of management?
Question : The principles of management do not provide readymade strait jacket solutions to all managerial problems. Which nature of principles of management is highlighted in the given statement?
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