Bissoy.com
Doctors Medicines MCQs Q&A

  1. Principle of Discipline
  2. Principle of Centralisation and Decentralisation
  3. Principle of Division of Work
  4. Principle of Equity
5 views

1 Answers

Option 4 : Principle of Equity

  • Order – Fayol wrote that "The right man in the right place" forms an effective social order. He applied the same maxim to materials: right one, right place. Academics note that this principle pre-empted the Just in Time  (JIT) strategy for efficient production. 
  • Equity – Managers should be fair to all employees through a "combination of kindliness and justice." Only then will the team "carry out its duties with devotion and loyalty."
  • Stability of Tenure of Personnel – Organizations should minimize staff turnover and role changes to maximize efficiency. If people are secure and good at their jobs, they are happier and more productive.
  • Initiative – Employees should be encouraged to develop and carry out plans for improvement. As Fayol wrote, "At all levels of the organizational ladder, zeal and energy on the part of employees are augmented by initiative."
  • Esprit de Corps – Organizations should strive to promote team spirit, unity, and morale.

    • Since Rohan tends to be more biased towards his male employees, he was violating the "Principle of Equity". Therefore Option 4 is the correct answer.

    5 views

    Related Questions

    In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the five combinations is correct. 1 - Elizabeth-Jane had perceived from Henchard's manner that in assenting to dance she had made a mistake of some kind. P - In her simplicity she did not know what it was till a hint from a nodding acquaintance enlightened her. Q - This made her very miserable, and she looked about for her mother; but Mrs. Henchard, who had less idea of conventionality than Elizabeth herself, had gone away, leaving her daughter to return at her own pleasure.  R - Thereupon her ears, cheeks, and chin glowed like live coals at the dawning of the idea that her tastes were not good enough for her position, and would bring her into disgrace.  S - As the Mayor's step-daughter, she learnt, she had not been quite in her place in treading a measure amid such a mixed throng as filled the dancing pavilion. 2 - The latter moved on into the dark dense old avenues, or rather vaults of living woodwork, which ran along the town boundary, and stood reflecting. ?
    1 Answers 4 Views
    The following sentences form a paragraph. The first and the last sentences of the paragraph are given. The rest of the sentences are numbered as P, Q, R and S. These four parts are not given in their proper order. Read the sentences and choose the alternative that arranges them in the correct order. 1. Kautilya's Arthshastra generally prescribed 16-8% rate of interest except when the risk was extraordinarily high. P. There is also evidence to prove that deposit banking in some form had come into existence by the Second or Third century of the Christian era. Q. The English traders could not make much use of the indigenous bankers, firstly, because of the language difficulty and secondly, because Indian bankers lacked the experience of the finance of European trade. R. These bankers could not, however, develop the system of obtaining deposits regularly from the public and those, who made savings, either hoarded or    lent them to friends and neighbours. S. During the Mughal rule, the indigenous bankers did the profitable business of money-changing and most important among them were appointed mint — officers, revenue collectors, bankers, and money-changers to the Government. 6. Therefore, the English Agency Houses, which were primarily commercial undertakings, began to conduct banking business also, so as to meet the needs of the company, the members of the services, and the European merchants in India.?
    1 Answers 5 Views
    The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments, is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: Over the past five decades, term deposits in banks have emerged as the primary instrument of financial savings for the average Indian after former premier Indira Gandhi embarked on a mission to nationalise the lenders - 14 in the first tranche - on a rainy afternoon in July 1969. Coming with an unsaid sovereign guarantee of sorts, fixed deposits (FDs) seemingly offered investors liquidity - and safety - as nationalisation sought, in part, to arrest the 40-odd bank failures a year.  Now, however, deposits must burnish their allure to retain leadership status in an increasingly crowded financial marketplace that offers choice. Why Arguments: I. If FDs are giving 7.5% and the effective tax rate is 10%, one gets close to 5-5.2% return. Similarly, in the case of FMP, if the rate is 7.5%, effective taxation comes to 10%, one gets 6.75%. It is higher than the effective returns on bank deposits.  II. People are becoming aware of more asset classes that offer better returns, and the quest for such assets became more pronounced after interest rates fell substantially over the past four years.  III. Savers are looking at mutual funds and provident funds for the higher return. ?
    1 Answers 5 Views
    In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the five combinations is correct. 1 - The mayor walked up and down the vestibule of the hotel with his hands under his coat tails, as if he were merely seeking a cooler atmosphere than that of the room he had quitted. P - At length he went back to the door of the dining-room, paused, and found that the songs, toasts, and conversation were proceeding quite satisfactorily without his presence. Q - But there could be no doubt that he was in reality still possessed to the full by the new idea, whatever that might be.   R - The Corporation, private residents, and major and minor tradesmen had, in fact, gone in for comforting beverages to such an extent that they had quite forgotten, not only the Mayor, but all those vast, political, religious, and social differences which they felt necessary to maintain in the daytime, and which separated them like iron grills. S - Seeing this the Mayor took his hat, and when the waiter had helped him on with a thin holland overcoat, went out and stood under the portico. 6 - Very few persons were now in the street; and his eyes, by a sort of attraction, turned and dwelt upon a spot about a hundred yards further down. ?
    1 Answers 5 Views
    In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the five combinations is correct. 1 - Henchard's wife acted for the best, but she had involved herself in difficulties. P - But she had refrained.  Q - A hundred times she had been upon the point of telling her daughter Elizabeth-Jane the true story of her life, the tragical crisis of which had been the transaction at Weydon Fair, when she was not much older than the girl now beside her. R - An innocent maiden had thus grown up in the belief that the relations between the genial sailor and her mother were the ordinary ones that they had always appeared to be. S - The risk of endangering a child's strong affection by disturbing ideas which had grown with her growth was to Mrs. Henchard too fearful a thing to contemplate. 2 - It had seemed, indeed folly to think of making Elizabeth-Jane wise.   ?
    1 Answers 4 Views
    In the following question, the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/ passage and find out which of the four combinations is correct. 1. I work as a nurse in a nursing home. P. When asked what she is doing, she reply’s, ” I’m running away from home and eloping with my soldier.” S. Every day a woman with Alzheimer’s sits by the doors with her bags packed.  Q. When asked how old she is she says she is 17. R. She waits all day for him to come to her and then goes to her room when it is dark and puts her belongings away. 6. In the mornings she packs her bags and sits by the doors waiting for her soldier to come for her.?
    1 Answers 4 Views