According to Fayol's Guidelines for Organizing Resources,managers Should ________

question 17

Multiple Choice

According to Fayol's guidelines for organizing resources,managers should ________.

• A)establish multiple guiding authorities
• B)make extensive use of regulations and paperwork
• C)not use sanctions against faults and errors
• D)recognize the unity of command
• E)not link rewards to performance

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Definitions:

Investors

Individuals or entities that allocate capital to various types of investments, expecting to generate a financial return.

Business Incubator

Offers space, shared services and advice to help small businesses get started.

Administrative Services

Services provided within an organization to support its operations, usually including tasks like clerical work, maintenance, and logistics.

Small Businesses

Businesses with limited revenue and number of employees, typically seen as privately owned corporations, partnerships, or sole proprietorships.