{"id":132906,"date":"2023-02-28T17:08:32","date_gmt":"2023-02-28T11:38:32","guid":{"rendered":"https:\/\/www.mapsofindia.com\/my-india\/?p=132906"},"modified":"2023-02-28T17:08:32","modified_gmt":"2023-02-28T11:38:32","slug":"briefly-explain-any-three-of-the-following-principles-of-management-given-by-henry-fayol","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/education\/briefly-explain-any-three-of-the-following-principles-of-management-given-by-henry-fayol","title":{"rendered":"Briefly explain any three of the following principles of management given by Henry Fayol:"},"content":{"rendered":"

Question 15:Briefly explain any three of the following principles of management given by Henry Fayol:<\/h2>\n

a. Unity of command
\nb. Equity
\nc. Remuneration
\nd. Initiative<\/h3>\n

The correct answer is -Principles of Management given by Henry Fayol:
\n(a)Unity of Command: According to Fayol there should be one and only one
\nboss for every individual employee. If an employee gets orders from two
\nsuperiors at the same time the principle of unity of command is violated. The
\nprinciple of unity of command states that each participant in a formal
\norganization should receive orders from and be responsible to only one
\nsuperior. Fayol gave a lot of importance to this principle. He felt that if this
\nprinciple is violated \u201cauthority is undermined; discipline is in jeopardy, order
\ndisturbed and stability threatened\u201d. The principle resembles military
\norganization. Dual subordination should be avoided. This is to prevent
\nconfusion regarding tasks to be done. Suppose a sales person is asked to clinch
\na deal with a buyer and is allowed to give a 10% discount by the marketing
\nmanager. But the finance department tells her\/ him not to offer more than a
\n5% discount. Now there is no unity of command. This can be avoided if there is
\ncoordination between various departments.
\nb) Equity: Good sense and experience are needed to ensure fairness to all
\nemployees, who should be treated as fairly as possible,\u201d according to Fayol.
\nThis principle emphasizes kindliness and justice in the behavior of managers
\ntowards workers. This will ensure loyalty and devotion. Fayol does not rule out
\nuse of force sometimes. Rather he says that lazy personnel should be dealt
\nwith sternly to send the message that everyone is equal in the eyes of the
\nmanagement. There should be no discrimination against anyone on account of
\nsex, religion, language, caste, belief or nationality etc. In practice we can
\nobserve that now a days in multinational corporations people of various
\nnationalities work together in a discrimination free environment. Equal
\nopportunities are available for everyone in such companies to rise.
\n( c )Remuneration of Employees: The overall pay and compensation should be
\nfair to both employees and the organization. The employees should be paid
\nfair wages, which should give them at least a reasonable standard of living. At
\nthe same time it should be within the paying capacity of the company. In other
\nwords, remuneration should be just and equitable. This will ensure a congenial
\natmosphere and good relations between workers and management.
\nConsequently, the working of the company would be smooth.
\n(d) Initiative: Workers should be encouraged to develop and carry out their
\nplans for improvements according to Fayol. Initiative means taking the first
\nstep with self-motivation. It is thinking out and executing the plan. It is one of
\nthe traits of an intelligent person. Initiative should be encouraged. But it does
\nnot mean going against the established practices of the company for the sake
\nof being different. A good company should have an employee suggestion
\nsystem whereby initiative\/suggestions which result in substantial cost\/time
\nreduction should be<\/h4>\n","protected":false},"excerpt":{"rendered":"

Question 15:Briefly explain any three of the following principles of management given by Henry Fayol: a. Unity of command b. Equity c. Remuneration d. Initiative The correct answer is -Principles of Management given by Henry Fayol: (a)Unity of Command: According to Fayol there should be one and only one boss for every individual employee. If […]<\/p>\n","protected":false},"author":21830,"featured_media":132763,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-132906","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/132906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/users\/21830"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/comments?post=132906"}],"version-history":[{"count":2,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/132906\/revisions"}],"predecessor-version":[{"id":132908,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/132906\/revisions\/132908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media\/132763"}],"wp:attachment":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media?parent=132906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/categories?post=132906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/tags?post=132906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}