Consider the following statements: Which is/are correct ? Fayol’s principle of equity implies equal opportunity and fairness for all employees. Stability of tenure ensures lower turnover and better efficiency. High employee turnover reduces recruitment and training costs.

Consider the following statements: Which is/are correct ?

Fayol’s principle of equity implies equal opportunity and fairness for all employees.
Stability of tenure ensures lower turnover and better efficiency.
High employee turnover reduces recruitment and training costs.

A2 wrong, 3 correct

B1, 2 correct

C2 only correct

D1 wrong, 3 correct

Answer:

Equity means fairness and justice. Stability improves efficiency; high turnover increases recruitment/training costs.

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