Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:

According to the principle of 'Remuneration of employees', what should fair wages provide to employees?

Options:

Luxurious living

A reasonable standard of living

Excessive wealth

Minimum living conditions

Correct Answer:

A reasonable standard of living

Explanation:

Compensation should strike a balance that is equitable for both employees and the organization. Employees ought to receive wages that ensure a reasonable standard of living.