Disadvantage of subordination of individual interests to general interests
Dear student,
Subordination of Individual Interest to General Interest :- According to this principle, interest of organisation should get priority over individual interest.
Applicability:- Interest of bank should be given utmost importance. Employee should work for the benefit of the bank as a whole.
Disadvantage - Subordination of Individual Interests to the General Interest seems reasonable, but only when it is Interests of One vs Group. However, there is scope for abuse of power, when the rule is applied in context where, The Sum of Each Individual Interest is in conflict with The General Interest ( represented by Board of Directors and Shareholders) .
Regards
Subordination of Individual Interest to General Interest :- According to this principle, interest of organisation should get priority over individual interest.
Applicability:- Interest of bank should be given utmost importance. Employee should work for the benefit of the bank as a whole.
Disadvantage - Subordination of Individual Interests to the General Interest seems reasonable, but only when it is Interests of One vs Group. However, there is scope for abuse of power, when the rule is applied in context where, The Sum of Each Individual Interest is in conflict with The General Interest ( represented by Board of Directors and Shareholders) .
Regards