CBSE Class 12 Business Studies 2021 Outside Delhi set 1

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Question : 7
Total: 60
Identify the principle of management given by Fayol according to which "The intent of this principle is to produce more and better work with the same effort.'
Solution:  
(a) Division of work
According to Fayol, "The intent of division of work is to produce more and better work from the same effort". Specialisation in work increases the productivity and improves efficiency. Division of labour also leads to the specialisation, accuracy, and speed of the workers. This principle is applicable both in managerial as well as technical work.
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