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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?

Option 1: Remuneration of employees

Option 2: Unity of command

Option 3: Subordination of individual interest to general interest
 

Option 4: Authority and responsibility

 


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: Subordination of individual interest to general interest


Solution : According to this principal interest of the organisation as a whole must prevail over the interest of the individuals or employees.This principle demands that each individual should sacrifice his personal interest for achieving organisational goals.

Hence, Option C is correct.

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