Q 2. a. Ravi and Rajesh are typist in the company having the same educational qualification. Ravi is getting Rs 20,000 per month where as Rajesh is getting Rs 25,000 per month as salary for the same work hours. Which principle of management is violated here? Name the principle and explain it. b. A production manager at top level in a reputed corporate, Mr. Rathore holds the responsibility for ordering raw material for the firm. While deciding on the supplier for the financial year 2017- 18, he gave the order to his cousin at a higher price per unit instead of the firm's usual supplier who was willing to lower the rates for the order. Which principle of management was violated by Mr. Rathore? What are the positive impacts of following the above identified principle?

Q 2. a. Ravi and Rajesh are typist in the company having the same educational qualification. Ravi is getting Rs 20,000 per month where as Rajesh is getting Rs 25,000 per month as salary for the same work hours. Which principle of management is violated here? Name the principle and explain it. b. A production manager at top level in a reputed corporate, Mr. Rathore holds the responsibility for ordering raw material for the firm. While deciding on the supplier for the financial year 2017- 18, he gave the order to his cousin at a higher price per unit instead of the firm's usual supplier who was willing to lower the rates for the order. Which principle of management was violated by Mr. Rathore? What are the positive impacts of following the above identified principle?

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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