“Employees deserve fair and just remuneration. But what is just and fair is determined by multiple factors. They include the contribution of the employee, the paying capacity of the employer and also the prevailing wage rate for the occupation under consideration.”
The nature of principles of management depicted in the above is:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Contingent
Option (1) Contingent — Correct. A principle is contingent when its application depends on the situation at that time. Fair pay is a principle, but what is “fair” changes with the worker’s contribution, the employer’s paying capacity and the going wage rate. So the same principle is applied differently in different firms and at different times.
Option (2) Cause and effect relationships — Incorrect. This feature says principles tell us what will happen if a certain action is taken. The statement says nothing about results following from an action.
Option (3) Mainly behavioral — Incorrect. This feature says principles aim to influence human behaviour. The statement is about factors that decide a fair wage, not about influencing behaviour.
Option (4) Flexible — Incorrect. Flexibility means the manager can modify a principle to suit the need. It is close, but the statement stresses that the answer depends on outside conditions, which is the contingent nature.
NCERT (2026-27 Edition): “Nature of Principles of Management … (vii) Contingent: The application of principles of management is contingent or dependent upon the prevailing situation at a particular point of time. The application of principles has to be changed as per requirements. For example, employees deserve fair and just remuneration. But what is just and fair is determined by multiple factors. They include contribution of the employee, paying capacity of the employer and also prevailing wage rate for the occupation under consideration.” |