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Dear Student
Company should reward suggestion or initiative which results in cost or time reduction.reflects Fayol's principle of Management of Initiative states that workers should be encouraged to develop and carry their plans for improvement. Initiative should be encouraged.
Management should not close its ears to constructive suggestions made by employees reflects Taylor's principle of Cooperation but not individualism. It says that there should be complete cooperation between labour and management.
Regards
Company should reward suggestion or initiative which results in cost or time reduction.reflects Fayol's principle of Management of Initiative states that workers should be encouraged to develop and carry their plans for improvement. Initiative should be encouraged.
Management should not close its ears to constructive suggestions made by employees reflects Taylor's principle of Cooperation but not individualism. It says that there should be complete cooperation between labour and management.
Regards