9. In what specific activities may employees partici- pate?
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9. In what specific activities may employees partici- pate?
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- Question 3: The principles of Taylor and Fayol are opposite. One believes that management should share the benefits with workers, while another believes that employees’ remuneration should depend on the company’s earning capacity and should give them a reasonable standard of living. Identify and explain the Favol and Taylor principles mentioned in the previous paragraph.6. Discipline is a management's complain against an employee and Grievance is an Employee’s complain against management’. In light of this statement discuss disciplinary system and types of disciplinary actions. Also discuss sources of employee’s grievance and ways of handing grievances.Explain the firm’s wage structure.
- Discusss, how are employee promotions and transfers handled?7)Which approach is followed for Compensation and Benefits in the organizations11. A recent issue of Business Week reported the following:During the recent auto sales slump, GM, Ford, and Chrysler decided it was cheaper tosell cars to rental companies at a loss than to lay off workers. That’s because closingand reopening plants is expensive, partly because the auto makers’ current unioncontracts obligate them to pay many workers even if they’re not working.When the article discusses selling cars “at a loss,” is it referring to accounting profit oreconomic profit? How will the two differ in this case? Explain briefly.
- A business main responsibility towards ‘employees’ is to a. protect the natural environment b. provide suitable profit c. provide good quality products at reasonable price d. provide safe and clean work environment26- The term monetary benefits include ____________. a. Promotion b. Salary c. Club facility d. RecognitionWhat is the management means