Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:

Read the following passage and answer the question.

Rajni, the new CEO of Bharat Ltd., a computer hardware manufacturing company addressed the employees on her first day. She emphasized the importance of employee suggestions and teamwork, and her vision for a fair and efficient workplace. She also stated that she would be stern with lazy employees, as she believes that everyone is equal in the eyes of management. In summary, Rajni's vision for Bharat Ltd. is a company where:
* Employees are encouraged to contribute their suggestions.
* She would want to promote a team spirit of unity and harmony among employees, which would give rise to a spirit of mutual trust and belongingness among team members.
* All agreements are clear, fair, and penalties are applied judiciously.
* Lazy employees are dealt with sternly, as everyone is equal in the eyes of management.
* The interests of the organization take priority over the interests of any one individual employee.

Rajni's vision is one of a high-performing organization where employees are valued and respected, but also held accountable for their performance.

Which of the following statement highlight the principle 'discipline'?

Options:

Employees are encouraged to contribute their suggestions and work together as a team

Lazy employees are dealt with sternly, as everyone is equal in the eyes of management

She would want to promote a team spirit of unity and harmony among employees, which would give rise to a spirit of mutual trust and belongingness among team members

All agreements are clear, fair, and penalties are applied judiciously

Correct Answer:

All agreements are clear, fair, and penalties are applied judiciously

Explanation:

The correct answer is option 4- All agreements are clear, fair, and penalties are applied judiciously.

All agreements are clear, fair, and penalties are applied judiciously highlighted the principle Discipline. 

Discipline: Discipline is the obedience to organisational rules and employment agreement which are necessary for the working of the organisation. According to Fayol, discipline requires good superiors at all levels, clear and fair agreements and judicious application of penalties. Suppose management and labour union have entered into an agreement whereby workers have agreed to put in extra hours without any additional payment to revive the company out of loss. In return the management has promised to increase wages of the workers when this mission is accomplished. Here discipline when applied would mean that the workers and management both honour their commitments without any prejudice towards one another.

 

OTHER OPTIONS

* Employees are encouraged to contribute their suggestions and work together as a team - Initiative

* She would want to promote a team spirit of unity and harmony among employees, which would give rise to a spirit of mutual trust and belongingness among team members- Esprit de corps

* Lazy employees are dealt with sternly, as everyone is equal in the eyes of management - Equity