Industrial relations between employers & employees - Manufacturing Processes - 1

Q.  The art of creating industrial relations of any kind, like relation between employers and employees, is called as
- Published on 03 Aug 15

a. organization
b. administration
c. management
d. none of the above

ANSWER: management

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    Discussion

  • Pankaj   -Posted on 19 Oct 15
    - The art of creating industrial relations of any kind between people engaged in industry is called as management.

    - The management consists of art of creating the relations like relation between employers and employees, relation between individuals entering into commercial contracts, relation between investors and debtors, etc.

    - Organization is a systematic co-ordination and combination of efforts with the help of money, machinery and methods so as to give good quality product within minimum cost.

    - And administration can be defined as the implementation of the purpose by means of organization. It is concern with carrying out policies, rules and regulation etc.

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