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One of the 14 Principles of Management Identified by Henri

question 63

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One of the 14 principles of management identified by Henri Fayol was the subordination of individual interest to the general interest.


Definitions:

Behaviour Objective Values

Principles or standards of behavior considered important and desirable by individuals or groups, guiding decision making and action.

Conscientious Consumerism

An approach to buying goods and services which involves considering the ethical, environmental, and social impacts of one's consumption choices.

Product-Specific Value

The worth that a particular product holds for a consumer, often influenced by its ability to meet specific needs or desires.

Durability

A measure of how long a product can be used before it deteriorates or becomes obsolete.

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