Demobilization after World War I had all the following effects on the economy except:
Federal agricultural programs aimed at benefiting one group whose livelihood depends on farming often end up harming another such group.
Which of the following statements provides support for the claim above?
I. An effort to help feed-grain producers resulted in higher prices for their crops, but the higher prices decreased the profits of livestock producers.
II. In order to reduce crop surpluses and increase prices, growers of certain crops were paid to leave a portion of their land idle, but the reduction was not achieved because improvements in efficiency resulted in higher production on the land in use.
F Ltd. was engaged in the business of food processing and selling its products under a popular brand. Lately, the business was expanding due to good quality and reasonable prices. Also with more people working, the market for processed food was increasing. New players were also coming to cash in on the new trend. In order to keep its market share in the short run, the company directed its existing workforce to work overtime.
But this resulted in many problems. Due to increased pressure of work, the efficiency of the workers declined. Sometimes, the subordinates had to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which had characterised the company previously, was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually, the company had implemented changes without creating the required infrastructure.
Taylor's principles of scientific management and Fayol's principles of management are mutually complementary. Do you agree? Give reasons in support of your answer.