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Published on: 20/09/2019
Principles of Management
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1.
Vaibhav, an employee in Yamuna Ltd., was instructed by Mr. Vinayak (Production manager) to increase production of steel due to excess stock of steel. On the other hand, Mr. Madhav (Sales manager) directed him not to increase the steel production as there was low demand for steel in the market. Vaibhav got confused regarding whose order to follow and hence was unable to work in a proper manner. Because of overlapping orders and instructions, Vaibhav was unable to satisfy both the bosses which led to conflict in the organization.
i) Name and explain the principle not being followed.
ii) Give any two advantages of following this principle.
iii) Name the values that can be gained by following the above principle.
2.
Tanya and Sharma, having same educational qualifications are working as managers in Alfa Ltd. Tanya belongs to a rural area where employment opportunities are very less whereas Sharma belongs to a urban area. Ignoring many other differences
between the two management of Alfa Ltd. appointed them as assistant manager, on the same salary package of Rs.45000 per month.
i) Name and briefly explain the principle of management being followed in the above case.
ii) Identify the values on which Management of Alfa Ltd. emphasis by not differentiating between the two.
3.
Shiva Ltd. was not performing well. After detailed analysis it was discovered that workers of the Production Department were not satisfied with the behavior of Mr. Ajay, the production manager, as workers were forced to work for long hours without
any rest. Keeping this in view this the management decided to replace Mr. Ajay with Mr. Vijay who had recently completed his M.B.A. from IIM Ahmedabad. Mr. Vijay did a detailed analysis of work which involved heavy manual labour. He allowed small pauses to the workers so that they could recharge their energy for optimum contribution.
a) Name and explain the technique of Scientific Management adopted by Mr. Vijay.
b) He further desires to find out the best ways of doing a job. Suggest to him the technique of scientific management.
c) State the `Values’ emphasized by allowing small pauses to workers.
4.
An entrepreneur wants to start his business in backward area because govt. gives many incentives & rebates in taxes. Which results in low cost and he will be able to see the product at low prices. There he will be able to get large area by deforestation. Which values are being affected here?
5.
An organization has done plantation around its factory premises and only after purifying the wastes, it throws it into the drains. Which values are being followed by the organization?
6.
An organization proposes the use of CFL’s and LED’s which consumes less electricity than normal bulbs for its lighting arrangements. Which value is attained by the organization?
7.
A firm has taken the decision to employ more male employees than female employees because they can work overtime in case of excess work. Which values are being affected here?
8.
How does managerial principles ensure optimum utilization of resources and effective administration?
9.
“Management principles are relative not absolute”. Explain.
10.
“Management principles aim at influencing human behaviour”. Explain.
11.
“Management principles are dynamic”. Comment.
12.
Briefly explain the nature of managerial principles.
13.
“Management principles are evolutionary” Explain.
14.
What do you mean by management principles?
1.
a) Unity of command
b) i) preventing overlapping of activities.
ii) promotes coordination.
c) i) Avoidance of conflicts.
ii) Maintain harmony between supervisors & employees.
2.
i) Principle of `Equity’
(a) Similar treatment is assured to employees in similar positions.
(b) Fair & Impartial treatment to employees.
ii) a) No discrimination on any basis.
b) Providing equal opportunities to all.
3.
a) Fatigue study - seeks to determine the amount & frequency of rest intervals in completing a task. Helps the workers to regain stamina and work again with the same capacity.
b) Method study.
c) (i) Respect toward employees
(ii) Being humane
(iii) Care for employees health
4.
i) Deprivation of environment from deforestation
ii) Availability of goods at low cost
iii) Development of backward areas
iv) Employment opportunities increase in backward area
5.
i) Safety from Water and Air Pollution.
ii) Protection of Environment
iii) Fulfilling the Social responsibility
6.
i) Save Electricity
ii) Reduction in Cost
iii) Protection of environment
7.
i) Gender biasness
ii) Conservatism
iii) Effect of male dominating society
iv) Inequality of rights for same work
8.
In every organization resources such as men machines, materials and money play a vital role. Management principles are designed in such a way that maximum benefits from these resources can be achieved with minimum resources wastage. Along with this principles of management also help in establishing effective administration by limiting the boundary of managerial discretion so that their decisions may be free from personal biases.
9.
Management principles are relative not absolute. Yes, management principles are not absolute. They can not be applied blindly in all situations and in all organizations. They have to be applied keeping in view the prevailing situation. They require the room for modification as same principle may produce different result in different situations.
10.
Management involves dealing with human. Management principles are directed towards regulating the human behaviour but not definite rules can be laid down in this respect. Human behaviour is complex and also unpredictable. Each individual has uniqueness based upon his ego, beliefs, culture ability etc.
Principles of management help the management to modify the behaviour of employees at work place.
11.
Management principles are dynamic— Management principles are flexible and can be utilized under different conditions of the organizations. They are influenced by the need of the given situation. These are flexible guide whose application depends upon the physical factors, social factors and economic factors of an organization.
12.
Nature of managerial principles
(a) General guidelines— They are not readymade solutions to all managerial problems, rather they are general guidelines to help the management.
(b) Formed by practice and experimentation — They are not developed overnight. They are derived on the basis of observations and analysis of events which managers face in actual practice. Secondly they are derived after conducting experimental studies.
(c) Flexible— They can be modified by managers to meet the needs of the situations.
(d) Universal Applicability— They are applicable to all types of organizations
13.
Principles of management are evolutionary in nature-They are formed by practice and experimentations. They are developed on the basis of organized quantative facts or from the long experiences of the leaders and scholars of management thought’s.
They are derived on the basis of observation and analysis of event which management face in actual practice. They are based on experimental studies.
14.
Management principles are statement of fundamental truth which provide guidelines for managerial decision making and action. These principles are derived on the basis of observations and analysis or experimental studies. They help in predicting the results of managerial action. They have been given Henry Fayol and F.W. Taylor
E.g. Principle of Division of work
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