MGT101 14 PRINCIPLES & LESSON 1

All materials and people related to a specific work should be treated as equally as possible.

Answer explanation

order

the entire organization should be moving towards a common objection and direction

Answer explanation

unity of direction

variables, such as cost of living, supply of qualified personnel, etc. should be considered in determining a worker's rate of pay

Answer explanation

remuneration

retaining productive workers and recruitment of new workers

Answer explanation

stability of tenure of personnel

it is the lowering the importance of the subordinate role, according to Fayol

Answer explanation

centralization

management should encourage harmony and general good feelings among employees

Answer explanation

espirit de corps

people working together to achieve specific goals

Answer explanation

organization

organizational assets

Answer explanation

people

machinery

raw materials

information skills

financial capital

organizational assets

Answer explanation

people

machinery

raw materials

information skills

financial capital

the process used by managers to identify and select appropriate goals

Answer explanation

planning