NATURE AND SIGNIFICANCE OF MANAGEMENT — OCM STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceOCMNATURE AND SIGNIFICANCE OF MANAGEMENT3 Marks
Question
“A firm without employees is like body without a soul.”-Explain.
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Answer
Body is lifeless without soul similarly firm is inactive without employees. All the activities of the firm are carried out by its employees. Right from Planning to controlling all the managerial functions are carried out by the employees. Right from planning to control all the management function are carried out by its employees of the firm. Employees not only tools but they try to make the firm more profitable.
Thus, we can truly say that a firm without employees is like body without soul.
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