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Question

Match List-I with List-II on the basis of Management Principles:

List-IList-II
(A) Obedience to organisational rules(I) Unity of direction
(B) One boss for every individual employee(II) Remuneration of employees
(C) One head and one plan(III) Discipline
(D) Remuneration should be just and equitable(IV) Unity of command

Choose the correct answer from the options given below:

The correct answer is

(4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Matching Management Principles Explained

The question asks us to match the descriptions in List-I with the corresponding Management Principles in List-II. These principles are fundamental concepts often associated with classical management theory, particularly the work of Henri Fayol.

Let's analyze each item in List-I and find its correct match in List-II:

  • (A) Obedience to organisational rules: This refers to the need for employees to respect and follow the rules and regulations established by the organization. This is the core concept of the principle of Discipline.
  • (B) One boss for every individual employee: This states that an employee should receive orders from and be accountable to only one superior. This avoids confusion and conflicting instructions. This principle is known as Unity of command.
  • (C) One head and one plan: This principle suggests that for any group of activities having the same objective, there should be one plan of action guided by one manager or head. This ensures coordination and prevents duplication of efforts. This is the principle of Unity of direction.
  • (D) Remuneration should be just and equitable: This principle deals with the compensation paid to employees. It emphasizes that the payment should be fair to both the employees (providing reasonable living standards) and the organization (within its paying capacity), motivating employees. This is the principle of Remuneration of employees.

Based on the analysis, the correct matches are:

  • (A) - (III) Discipline
  • (B) - (IV) Unity of command
  • (C) - (I) Unity of direction
  • (D) - (II) Remuneration of employees

Let's present this matching in a table format for clarity:

List-I (Description) List-II (Management Principle) Match
(A) Obedience to organisational rules (III) Discipline A - III
(B) One boss for every individual employee (IV) Unity of command B - IV
(C) One head and one plan (I) Unity of direction C - I
(D) Remuneration should be just and equitable (II) Remuneration of employees D - II

Comparing this with the given options, the combination (A) - (III), (B) - (IV), (C) - (I), (D) - (II) is the correct one.

Revision Table: Key Management Principles

Principle Description Keywords
Discipline Respect for rules, authority, and established agreements. Rules, Obedience, Authority, Agreement, Respect
Unity of command An employee should receive orders from one superior only. One boss, Single superior, Reporting, Accountability
Unity of direction One head and one plan for a group of activities having the same objective. One plan, One head, Same objective, Coordination, Group activities
Remuneration of employees Wages should be fair and provide satisfaction to both employees and the firm. Fair wages, Equitable pay, Compensation, Salary, Just payment

Additional Information on Management Principles

The principles discussed here are part of Henri Fayol's 14 Principles of Management, first outlined in his book "General and Industrial Management". These principles are foundational to understanding classical management theory and how organizations were viewed and managed in the early 20th century. While modern management theories build upon or sometimes challenge these ideas, Fayol's principles like Unity of Command and Unity of Direction are still considered relevant for creating structure, clarity, and efficiency in organizations.

Unity of Command vs. Unity of Direction: It's important not to confuse these two. Unity of Command relates to the reporting relationship (who reports to whom), ensuring no conflicting orders. Unity of Direction relates to the overall organizational plan or strategy, ensuring that activities with shared goals are aligned under one plan and one manager.

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Important Questions from Principles of Management

  1. To reduce a given line or product to fixed types, sizes and characteristics is an objective of one of the techniques of Taylor. Identify that technique.

  2. Match List-I with List-II

    List-IList-II
    (A) Time study(I) Amount and frequency of rest intervals to complete a task
    (B) Motion study(II) Different wage rate for efficient and inefficient workers
    (C) Fatigue study(III) Study of various movements
    (D) Differential piece wage system(IV) Determining standard time taken for performing a well-defined job
  3. Which of the following combination of factors affecting capital structure are correct?

    (A) Cost of debt, ROI, flotation costs

    (B) Flotation costs, availability of raw material

    (C) Level of competition, production cycle

    (D) Cost of equity, Interest coverage ratio

    (E) Risk consideration, flexibility

  4. Identify the Concept used by Mr. Avinash when he analysed the need for number and type of workers required.

  5. According to functional Foremanship "gang boss" is responsible for

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