The idea that employees should also share the profit of organization was given by:

Related MCQs

• A manager who strives to ensure the activities of the organization’s employees are supported and blend well with those of individuals outside the firm could be said to hold which of the following interpersonal role within the company?
• It is a function of management which refers to the process of integrating the activities of different units of organization to achieve the organization goals. This is called
• According to the textbook, _______________ refers to the number of components in an organization’s environment and the extent of the knowledge that the organization has about those components.
• The ………….. is organization in which line organization make decision and staff personnel provide support and advice.
• _________ principle of management states that there should be a place for everything and everything should be in its place.
• Earning of a profit is considered to be subsidiary objective of the business:-
• Employees deserve fair and just renumeration but what is just, and fair is determined by multiple factors. They include contribution of the employee, Paying capacity of the employer and prevailing wage rate for the occupation under consideration. Which quality of Principles of Management is highlighted above?
• A strategy of jog design that increases job depth by meeting employees needs for psychological growth
• It is defined as the process of guiding the efforts of employees and other resources to accomplish the desired objectives.
• Employees in organizations with strong cultures _______________.