Category: OCM

Social responsibility of business organisation towards employees The survival and success of an organization largely depend on the efficiency of its workforce. Social responsibility of business organizations towards employees can be briefly explained as follows: 1. Job Security : The organisation should provide job security to its employees. The workers should not be kept temporarily … Continue reading “Social responsibility of business organisation towards employees | HSC Commerce | OM Tutorials”

Ans : In 1916, Henry Fayol(Father of modern management) provided a list of 14 principles in his book titled “industrial and general administration”. Fayol was of the opinion that all mangers in all organizations, whether large or small, need to follow the principles or guideline in managing business affairs. Watch this video to understand the … Continue reading “Explain any 5 principles of Henry Fayol | HSC Commerce | OM Tutorials”

Nature of Principles of Management Watch this video to understand the nature and characteristics of principles of management. If you like this video, subscribe to our channel for more such videos of all subjects of HSC board. The nature and characteristics of principles of management can be briefly explained as follows: 1. Basic Guidelines : … Continue reading “Nature of Principles of Management | HSC Commerce | OM Tutorials”