XYZ Ltd is engaged in producing electricity from domestic garbage. There is almost equal division of work and responsibility between workers and management. The management even takes workers into confidence before taking important decisions. All the workers are satisfied as the behaviour of the management is very good. State the principle of management described in the above paragrph.

Science not rule of thumb

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Harmony, not discord

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Cooperation, not individualism

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Development of each and every person to his or her greatest efficiency and prosperity

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Solution

The correct option is C
Cooperation, not individualism

Cooperation, not individualism. The principle given by FW Taylor suggests that any form of competition should be replaced by cooperation. He also suggested that there should be an almost equal division of work and responsibility between workers and management.

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