CBSE Class 12 Business Studies 2015 Outside Delhi set 1

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Explain the following principles of management:
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Question : 37
Total: 39
Discipline.
Solution:  
Discipline: Discipline refers to obedience of rules and regulations of the organisation, which is necessary for the systematic working of the organisation. Discipline requires good supervisors at all levels, clear and fair agreement regarding rules and judicious application of penalties. Discipline is must for all the organisations and for all the levels to achieve the organisational targets on time as working in discipline promotes working efficiency and avoids confusion and delays in work.
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