Question : The principle of equity in management emphasizes:
Option 1: Fair treatment and justice for employees
Option 2: Preferential treatment for high-performing employees
Option 3: Discrimination based on seniority
Option 4: Unequal distribution of rewards
Correct Answer: Fair treatment and justice for employees
Solution : The correct answer is (a) Fair treatment and justice for employees.
The principle of equity in management emphasizes that employees should be treated fairly and justly within the organization. It promotes the idea that employees should be treated without bias or favoritism, and that their contributions and efforts should be recognized and rewarded fairly. Equity in management implies that employees should be given equal opportunities, resources, and access to benefits, and that decisions regarding promotions, rewards, and disciplinary actions should be based on objective criteria and merit rather than arbitrary factors.
Question : Some part of profits be given to employees as bonus on reasonable basis. Identify the principle of management being highlighted in the given statement?
Question : Employee should be treated with justice and kindness. Identify the principle of management highlighted in the given statement?
Question : Which of the following is an example of the principle of equity in the management process?
Question : Case Study: XYZ Pharmaceuticals advocates for managers to be kind and fair while maintaining firmness. Which principle of management does this represent?
Question : Case Study: ABC Retailers
ABC Retailers is a chain of stores specializing in fashion apparel. They have a hierarchical management structure with top management, middle-level management, and lower-level management. The company aims to provide a wide
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