14th law of management and explain

Question

Accepted Answer

The 14th law of management is the law of balance.

The law of balance states that there should be a balance between the needs of the organization and the needs of the individuals working in it.
It emphasizes the importance of maintaining a balance between the different aspects of management such as planning, organizing, staffing, directing, and controlling.
The law of balance also stresses the need for a balance between short-term and long-term goals, as well as between efficiency and effectiveness.
For example, a company may need to balance the need for increased productivity with the need to maintain a healthy work-life balance for its employees.
Another example could be balancing the need for cost-cutting measures with the need to maintain quality standards.

Top Jbm Nmpl Quality Assurance Quality Control Engineer interview questions & answers