Question : Which of the following statement is incorrect?
Option 1: Cooperation should be replaced by competition.
Option 2: Important decisions are taken, workers should be taken into confidence.
Option 3: The employers take care of the needs of employees.
Option 4: None of the above
Correct Answer: Cooperation should be replaced by competition.
Solution :
Cooperation should be replaced by competition.
Here in the incorrect statement are talking about the principle cooperation not individualism.There should be complete corporation between the labour and the management instead of individualism this principle is an extension of principle of harmony not discord. Competition should be replaced by cooperation both should realize that they need each other.
Hence, option A is correct.