Bill, a Financial Manager at Carlyle Bank and Trust, Always

question 164

Multiple Choice

Bill, a financial manager at Carlyle Bank and Trust, always strives to treat each subordinate with respect and fairness. Bill's treatment of employees is an example of Fayol's principle of:

• A) unity of command.
• B) equity.
• C) empowerment.
• D) order.

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Definitions:

Organizational Culture

The shared values, beliefs, customs, and practices that characterize the social and psychological environment of an organization.

Subculture

A culture within a larger culture, often having beliefs or interests at variance with those of the larger culture.

Organizational Culture

The shared values, beliefs, and norms that influence the way members of an organization interact with each other and with stakeholders outside the organization.

Subcultures

Groups within a larger culture that distinguish themselves through a shared set of customs, values, and beliefs.