John is working as a Production Manager at CFL Ltd. which manufactures CFLbulbs. There is no class conflict between the management and workers. Theworking conditions are very good. The company is earning huge profits. As apolicy, the management shares the profits earned with the workers becausethey believe in the prosperity of the employees.State the principle of management described in the above paragraph.

Management is the method of setting up a company's actions and resources to achieve particular goals…

Answered: John is working as a Production Manager…

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter15: Leadership

Section: Chapter Questions

Problem 3ED

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