12th Class Business Studies Sample Paper Business Studies Sample Paper-5

  • question_answer
    'Decor Home' is a furniture manufacturing company. The company has been able to earn substantial profit, yet they did not share their profits with the workers. This led to growing unrest among them leading to fall in productivity and also the quality of their work. Due to this, the company started facing the problem of falling revenues. Their HR manages Mr Dinesh advised the management to follow the principle of 'Mental revolution'. Is the advice of HR manager appropriate? Elucidate.

    Answer:

    Yes, the advice of the HR manager is appropriate. The basic idea behind the principles of scientific management is to change the mindset or outlook of the workers and the management towards each other. Taylor called it 'mental revolution'. Mental revolution insists on the following: (i) Change in mental attitude of workers and management towards each other. (ii) Co-operation between workers and management. Mental revolution can also be stated as 'bilateral mental revolution'. It requires that management should create suitable working conditions and provide an opportunity to workers to participate in the management and should be entitled to share surplus generated in the business.


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