Match List-I with List-II
| List-I (Principles of Management) | List-II (Explanation) |
| (A) Equity | (I) The overall pay and compensation should be fair to both employees and the organization. |
| (B) Remuneration of employees | (II) Employee turnover should be minimized. |
| (C) Stability of personnel | (III) Employees should be treated as fairly as possible. |
| (D) Order | (IV) People and materials must be in suitable places at the appropriate time for maximum efficiency. |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → (A) - (III), (B) - (I), (C) - (II), (D) - (IV)
(A) Equity — this matches (III) Employees should be treated as fairly as possible. Fayol’s principle of equity asks for kindliness and justice in the behaviour of managers. No worker should be treated unfairly because of religion, language, caste, sex or nationality.
(B) Remuneration of employees — this matches (I) The overall pay and compensation should be fair to both employees and the organization. Pay should give workers at least a reasonable standard of living, and it should also be within what the company can pay.
(C) Stability of personnel — this matches (II) Employee turnover should be minimized. Once selected and placed, employees should be kept in their posts for a reasonable time. Frequent leaving and hiring wastes the cost of selection and training.
(D) Order — this matches (IV) People and materials must be in suitable places at the appropriate time for maximum efficiency. The principle of order is “a place for everything and everyone”, so that no time is lost in searching.
NCERT (2026-27 Edition): “Remuneration of Employees: The overall pay and compensation should be fair to both employees and the organisation. The employees should be paid fair wages, which should give them at least a reasonable standard of living. …” “Order: According to Fayol, “People and materials must be in suitable places at appropriate time for maximum efficiency.” …” “Equity: Good sense and experience are needed to ensure fairness to all employees, who should be treated as fairly as possible,” according to Fayol. This principle emphasises kindliness and justice in the behaviour of managers towards workers. …” “Stability of Personnel: “Employee turnover should be minimised to maintain organisational efficiency”, according to Fayol. Personnel should be selected and appointed after due and rigorous procedure. But once selected they should be kept at their post/ position for a minimum fixed tenure. …” |