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

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

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Questions and Answers

Why should lazy personnel be dealt with sternly?

To maintain organizational efficiency (correct)

To promote discrimination in the workplace

To establish a hierarchical structure within the company

To discourage multinational corporations from hiring them

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

It should be actively practiced

It is necessary for a balanced work environment

It is encouraged based on nationality

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

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

Encourages adhocism in management

Maintains organizational efficiency (correct)

Increases recruitment costs

Promotes employee turnover

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

Promotes employee loyalty and reduces turnover Signup and view all the answers

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

Taking the first step with self-motivation Signup and view all the answers

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

To create unity and harmony among employees Signup and view all the answers

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

Encouraging employees to remain with the organization for a longer period Signup and view all the answers

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

To reward initiative and suggestions that lead to cost/time reduction Signup and view all the answers

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

Specialisation in workers vs Generalisation in workers Signup and view all the answers

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 Signup and view all the answers

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

Job design Signup and view all the answers

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

Informal, Peer pressure controls Signup and view all the answers

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

Reasonable Pay reward system vs Performance based reward system Signup and view all the answers

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

Unity of Command Signup and view all the answers