Only increase in labour cost beyond 2% should be brought to the notice of the management. Which principle of control is highlighted by this statement?
The principle of critical point control has been highlighted by the statement.
'Management requires good supervisors at all levels, clear and fair agreements and judicious applications of penalties.' Which principle of management is highlighted in the given statement?
In order to be successful, an organisation must change its goals according to the needs of the environment. Which characteristic of management is highlighted in this statement?
A manager should have the right to punish a subordinate for willfully not obeying a legitimate order but only after sufficient opportunity has been given to his/her case. ___ is the principle highlighted here.