Which is NOT a theory of Labour Welfare ? (A) The Police Theory of Labour Welfare (B) The Theory of…
The Police Theory (A), the Philanthropic Theory (C), the Functional/Efficiency Theory (D), and the Placating Theory (E) are among the classic seven Theories of Labour…
Choose your answer
Which is NOT a theory of Labour Welfare ?
(A) The Police Theory of Labour Welfare
(B) The Theory of Adequacy of Wage
(C) The Philanthropic Theory
(D) The Theory of Efficiency
(E) The Placating Theory
Answer and explanation
Correct answer C
The Police Theory (A), the Philanthropic Theory (C), the Functional/Efficiency Theory (D), and the Placating Theory (E) are among the classic seven Theories of Labour Welfare. 'Adequacy of Wages' (B) is a Principle of Labour Welfare (stating that labour welfare cannot be a substitute for fair and adequate wages), not a theory of labour welfare.
Practice for these exams
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UGC NET HRM / Labour Welfare and Industrial Relations