When Laura, a Service Manager at a Graphic Design Company

question 112

Multiple Choice

When Laura, a service manager at a graphic design company shared with her boss, "This was a great week. While you were on vacation we had a power outage that shut down the office. However, I quickly formulated and implemented a plan for everyone in the design department to work from home so we still met all of our deadlines." Laura's actions are an excellent example of Henry Fayol's __________ principle?

• A) Esprit de corps
• B) Centralization
• C) Order
• D) Initiative
• E) Scalar chain

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Definitions:

NLRA

The National Labor Relations Act, a foundational statute of US labor law that protects the rights of employees to organize and to bargain collectively with their employers.

Shareholder Model

A corporate governance model focusing on maximizing shareholder value and prioritizing the interests of shareholders in company decisions.

Stakeholder Model

A governance framework that focuses on balancing the interests of multiple stakeholders in a company, not just shareholders.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, focusing on the interests of stakeholders.