Sanaklal and Gagan started their career in Wales Limited (a printing press) after going through a rigorous recruitment process. Since they had no prior work experience, the firm decided to give them one year to prove themselves. Name the principle of management followed by Wales Limited.

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Solution

The principle of management followed by Wales Limited is 'Stability of Personnel'.
‘Stability’ means that the management should follow a rigorous procedure for the selection of potential candidates and should work towards retaining employees for the maximum period. They should be given a reasonable time to show results. This principle ensures the stability of personnel over a longer period.

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