Initiative among Trainee Managers: Fayol's Principles in Contemporary Business

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14 Questions

Why should lazy personnel be dealt with sternly?

To maintain organizational efficiency

What does the text suggest about the management's stance on discrimination in the workplace?

It should be eliminated based on sex, religion, and other factors

What impact does 'stability of personnel' have on a business according to Fayol?

Maintains organizational efficiency

What is the importance of providing stability in the tenure of personnel as mentioned in the text?

Promotes employee loyalty and reduces turnover

What is the meaning of the term 'Initiative' according to Fayol?

Taking the first step with self-motivation

Why should management promote 'Esprit De Corps' according to the text?

To create unity and harmony among employees

What does 'Stability of tenure' imply in the context of employee relations?

Encouraging employees to remain with the organization for a longer period

What is the purpose of having an employee suggestion system in a company?

To reward initiative and suggestions that lead to cost/time reduction

What is the key difference between Fayol's principle of 'Division of Work' THEN and NOW?

Specialisation in workers vs Generalisation in workers

How did the principle of 'Unity of Direction' change from THEN to NOW?

Functions have only one plan and one boss vs Functions have multiple plans and multiple bosses

Which principle changed to reflect 'Employees are empowered' NOW?

Job design

In the contemporary business situations, what has replaced 'Formalised Controls'?

Informal, Peer pressure controls

How did the concept of 'Remuneration' change from THEN to NOW?

Reasonable Pay reward system vs Performance based reward system

Which principle shifted from 'Subordinates report to only one boss' THEN to 'Subordinates report to multiple bosses' NOW?

Unity of Command

Explore how Fayol's principles of management apply in service-based and high-tech economies like the USA, with a focus on encouraging initiative among trainee managers. This quiz delves into Carl A. Rodrigues' conclusions regarding Fayol's 14 principles in modern business scenarios.

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