Henri Fayol Is Noted for Originating Which of the Following

question 34

Multiple Choice

Henri Fayol is noted for originating which of the following concepts?

• A) All of the options listed
• B) None of the options listed
• C) The unity of command principle
• D) The scalar chain principle
• E) The unity of direction principle

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Definitions:

Present Value

The current worth of a future sum of money or stream of cash flow given a specified rate of return.

Compound Interest

The addition of interest to the principal sum of a loan or deposit, where interest also earns interest from that moment on.

Earnings Rate

The return on an investment or the rate at which a company or asset generates income, typically expressed as a percentage.

Rate of Return

The profit or loss of an investment over a specified period, expressed as a percentage of the investment’s initial cost.