alleryFair pay depends on the employee's contribution, the employer's capacity and prevailing wage rates. This shows principles are:
ARandomised
BContingent
CAbsolutist
DPermanent
Answer & Solution
Correct answer: B. Contingent
1. Application depends on the situation at the time.
2. So principles are contingent.
3. They must change with requirements.
_Source: syllabus Business Studies Part I, Chapter 2, Principles of Management._
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