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Pravan is working as a Production Manager in DTPL Ltd engaged in manufacturing of DTPL bulbs. There is no class-conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy matter, management is sharing the gains with the workers because they believe that the prosperity of the company cannot exist for a long time without the prosperity of the employees. State the principles of management?
  • a)
    Cooperation, not individualism
  • b)
    Science not rule of thumb 
  • c)
    Harmony, not discord
  • d)
    Development of each and every person to his or her greatest efficiency and prosperity
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Pravan is working as a Production Manager in DTPL Ltd engaged in manuf...
In the above-mentioned paragraph, the principle is 'harmony, not discord'. 
This question is part of UPSC exam. View all CA Foundation courses
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Pravan is working as a Production Manager in DTPL Ltd engaged in manuf...
Correct answer is Option 'c'. In the above question, HARMONY , NOT DISCORD principle is applicable as the management of the company shares gain or profits with hardworking employees and also provides them good working conditions so that there is harmony and coordination between them . As a result , employers understand this principle very well and also allow employees to grow and develop themselves.
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Pravan is working as a Production Manager in DTPL Ltd engaged in manufacturing of DTPL bulbs. There is no class-conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy matter, management is sharing the gains with the workers because they believe that the prosperity of the company cannot exist for a long time without the prosperity of the employees. State the principles of management?a)Cooperation, not individualismb)Science not rule of thumbc)Harmony, not discordd)Development of each and every person to his or her greatest efficiency and prosperityCorrect answer is option 'C'. Can you explain this answer?
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Pravan is working as a Production Manager in DTPL Ltd engaged in manufacturing of DTPL bulbs. There is no class-conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy matter, management is sharing the gains with the workers because they believe that the prosperity of the company cannot exist for a long time without the prosperity of the employees. State the principles of management?a)Cooperation, not individualismb)Science not rule of thumbc)Harmony, not discordd)Development of each and every person to his or her greatest efficiency and prosperityCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Pravan is working as a Production Manager in DTPL Ltd engaged in manufacturing of DTPL bulbs. There is no class-conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy matter, management is sharing the gains with the workers because they believe that the prosperity of the company cannot exist for a long time without the prosperity of the employees. State the principles of management?a)Cooperation, not individualismb)Science not rule of thumbc)Harmony, not discordd)Development of each and every person to his or her greatest efficiency and prosperityCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Pravan is working as a Production Manager in DTPL Ltd engaged in manufacturing of DTPL bulbs. There is no class-conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy matter, management is sharing the gains with the workers because they believe that the prosperity of the company cannot exist for a long time without the prosperity of the employees. State the principles of management?a)Cooperation, not individualismb)Science not rule of thumbc)Harmony, not discordd)Development of each and every person to his or her greatest efficiency and prosperityCorrect answer is option 'C'. Can you explain this answer?.
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