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Carrot and stick policy is the name given to policy of reward and punishment. Punish the defaulter and reward the performer- is the essence. Carrot is reward and stick is punishment.
It's a well-known mangement practice to reward the efficient and punish the inefficient!
http://www.hindu.com/edu/2003/09/16/stories/2003091600250300.htm
I dont know abut it.Thank you for sharing link with us ,Ramachandran.
it is a word given to a punishment and a reward i think this is right.
Every efficient and effective administration runs on this policy and this how it encourages efficiency and discourages inefficiency.
is the law of praising well working people and punishing the evil people.
I really did not know about carrot and stick policy.thanks to all of you for kind information about it.
Carrot and stick policy is a policy which deals with rewarding the performer and punishing the under performer...
Great to know about the a new thing carrot and stick policy. When i saw this question , if felt funny that carrot and policy whats this. but now i understood clearly thanks for you all.

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Created Wednesday, 29 June 2011 16:16
Last Updated Tuesday, 30 November -0001 00:00
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