Q 2. Tanvi is a manager …
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Q 2. Tanvi is a manager in Alpha ltd., a company producing plastic glasses and bowls. The government banned plastic items. As a result this company incurred huge loss as it had to stop the production and had to buy new machinery to produce paper glasses and bowls. The management of the company entered into an agreement with labour union whereby workers agreed to put in extra hours without additional payment to revive the company out of loss. In return the management promised to increase wages of the workers after this mission is accomplished. Tanvi found that workers efficiency is declining due to long working hours. She conducted an experiment to see how to reduce the stress. Everything went well and management too increased the wages. (a) Identify and explain the principle/technique of management from the above case study. (b) State the characteristic of principles of management highlighted above.
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Akshay Saini 4 years, 1 month ago
5Thank You