Commerce Exam  >  Commerce Questions  >  Name the principle of management given by Tay... Start Learning for Free
Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain?
Most Upvoted Answer
Name the principle of management given by Taylor which when applied wo...
Principle of Management given by Taylor for Honoring Commitments: Mental Revolution

The principle of management given by Taylor for honoring commitments is known as the Mental Revolution. According to Taylor, the mental revolution is a change in the attitude of both workers and management towards each other. It involves both parties recognizing their interdependence and working towards a common goal.

Explanation of Mental Revolution

The mental revolution principle emphasizes the importance of communication, cooperation, and collaboration between workers and management. It requires both parties to recognize that they need each other to achieve success. The mental revolution principle involves the following:

1. Mutual trust and respect: Workers and management need to trust and respect each other. Management should trust workers to do their job efficiently, and workers should trust management to provide them with the necessary resources and support.

2. Cooperation: Workers and management should cooperate with each other to achieve common goals. Workers should follow the instructions given by management, and management should provide workers with the necessary training and resources to do their job efficiently.

3. Open communication: Communication is essential for the mental revolution principle to work. Workers should be able to communicate their problems and concerns to management, and management should be open to feedback from workers.

4. Shared responsibility: Workers and management should share responsibility for the success of the organization. Workers should take ownership of their work, and management should take responsibility for providing workers with the necessary resources and support.

Benefits of Mental Revolution Principle

The Mental Revolution principle has several benefits, including:

1. Increased productivity: When workers and management work together towards a common goal, productivity increases.

2. Improved job satisfaction: Workers who feel valued and respected are more likely to be satisfied with their job.

3. Reduced employee turnover: When workers feel valued and respected, they are less likely to leave the organization.

4. Improved organizational culture: A culture of trust, respect, and cooperation can improve the overall organizational culture.

Conclusion

The Mental Revolution principle is essential for creating a culture of trust, respect, and cooperation in an organization. When both workers and management honor their commitment without any prejudice towards one another, productivity increases, job satisfaction improves, and employee turnover reduces.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain?
Question Description
Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain?.
Solutions for Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain? defined & explained in the simplest way possible. Besides giving the explanation of Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain?, a detailed solution for Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain? has been provided alongside types of Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain? theory, EduRev gives you an ample number of questions to practice Name the principle of management given by Taylor which when applied would mean that the workers and management both honour their commitment without any prejudice towards one another. A) discipline B)mental revolution C) renumeration of employees D)scalar chain? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev