In Asim Ltd, an employee has the objective of maximizing his salary, but the organizational objective is to maximize output at competitive cost. There was some dispute on this for a while. Eventually, the organizations interest was given priority over employees interest. Name the principle related to this situation.
Dear Student, the principle that is applicable in this scenario is 'subordination of individual interest to general interest' (also known as priority to general interest over individual interest)- given by Henry Fayol.
Keep posting!! Cya
Keep posting!! Cya