In Storetrax

question 433

True/False

In Storetrax.com v. Gurland, where Gurland, founder and president of Storetrax, was fired, the appeals court held that the founder of a company cannot be dismissed.

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Definitions:

Henry Fayol

A French engineer and a key figure in the development of classical management theory, known for his 14 principles of management.

Authority

describes the power or right given to individuals or entities to make decisions, issue orders, and enforce obedience.

Unity of Command

A principle in management stating that each employee should report to one and only one supervisor, to avoid confusion and conflict.

Universal Process

A principle or method that is broadly applicable across various domains or situations, often standardized to improve efficiency and effectiveness.