Question

ABC Ltd. is engaged in producing electricity from domestic garbage. There is almost equal division of work responsibility between worker and management. The management even takes workers into confidence before taking important decisions.
1. State the principle of management described in the above para.
2. Identify any two values which the company want to communicate to the society.

Answer 1

1. The principle of Taylor described in the above para is cooperation, not individualism. It states that there should be complete cooperation between workers and the management. Competition should be replaced by cooperation.
2. Values which the company wants to communicate with society. Good behaviour in human interaction. Concern for the environment.