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+1 vote
24.9k views
in Commerce by (20 points)
Vaibhav Sharma was working as the Production Manager in Crescent
Pharmaceuticals Pvt. Ltd. To get his son admitted in school he wanted to
take leave from the office but on the same day, an important meeting
with the Chief Executive Officer (CEO) of the company was scheduled to
discuss about some new medicines to be manufactured. Considering the
significance of the meeting, he did not take leave. The CEO appreciated
his exemplary behaviour as he gave priority to the organisational interest
over his personal interest.
Name and explain the principle of management being followed by
Vaibhav Sharma in the above case.

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1 Answer

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by (15 points)

ANS:- SUBORDINATION OF INDIVIDUAL INTERST INTO GENERAL INTERST

There are always all kinds of interests in an organization. In order to have an organization function well, Henri Fayol indicated that personal interests are subordinate to the interests of the organization (ethics). The primary focus is on the organizational objectives and not on those of the individual. This applies to all levels of the entire organization, including the managers.

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