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Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:

Match the following lists.

LIST I LIST II
A) Science not Rule of Thumb I) Competition should be replaced by cooperation
B) Harmony, Not Discord II) Complete mental revolution on the
part of management and workers
C) Cooperation, Not Individualism  III) Required training should be given
to increase efficiency 
D) Development of individual
to greatest efficiency		 IV) Only one best method to maximize efficiency

Choose the correct answer from the options given below.

Options:

A-IV, B-II, C-I, D-III

A-IV, B-III, C-II, D-I

A-I, B-II, C-III, D-IV

A-III, B-IV, C-I, D-II

Correct Answer:

A-IV, B-II, C-I, D-III

Explanation:

The correct answer is option 1- A-IV, B-II, C-I, D-III.

LIST I LIST II
A) Science not Rule of Thumb IV) Only one best method to maximize efficiency
B) Harmony, Not Discord II) Complete mental revolution on the
part of management and workers
C) Cooperation, Not Individualism  I) Competition should be replaced by cooperation
D) Development of individual
to greatest efficiency		 III) Required training should be given
to increase efficiency


* Science not Rule of Thumb: Taylor believed that there was only one best method to maximize efficiency. This method can be developed through study and analysis. The method so developed should substitute ‘Rule of Thumb’ throughout the organization.

* Harmony, Not Discord: Taylor called for complete mental revolution on the part of both management and workers to avoid any kind of discord. It means that management and workers should transform their thinking. In such a situation even trade unions will not think of going on strike etc.

* Cooperation, Not Individualism: There should be complete cooperation between the labor and the management instead of individualism. This principle is an extension of principle of ‘Harmony not discord’. Competition should be replaced by cooperation. Both should realize that they need each other.

* Development of individual to greatest efficiency: Taylor was of the view that to increase efficiency employees should be given required training. Efficient employees would produce more and earn more.

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