Every Year, Johnson-Murphy Holds a Company Picnic with Competitive Games

question 49

Multiple Choice

Every year, Johnson-Murphy holds a company picnic with competitive games and fun activities so its employees can get to know one another in a more social setting. Johnson-Murphy is focusing on Fayol's concept of

• A)esprit de corps.
• B)subordination of individual interests to the common interest.
• C)remuneration of personnel.
• D)order.
• E)unity of direction.

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Definitions:

Cost Centre Manager

An individual responsible for managing, monitoring, and controlling the costs associated with a particular department or segment of a business.

Investment Centre Manager

An individual responsible for overseeing a division or unit of a business that directly controls its investments and related returns.

Revenue Centre Manager

An individual responsible for generating revenue within a particular segment or area of a business, focusing on sales and marketing efforts.

Goal Congruence

The alignment of individual objectives and organizational goals to ensure that all efforts contribute to the overall success.