Which of the Following Is NOT an Aspect of Fayol's

question 9

Multiple Choice

Which of the following is NOT an aspect of Fayol's Principle of Management?

• A)technical
• B)cultural
• C)financial
• D)commercial

---

Definitions:

Proprietary Information

Confidential business information that provides an enterprise with a competitive edge, such as patents, trade secrets, and special recipes.

Transnational Consumers

Consumers who transcend their local markets and make purchases based on global rather than national preferences.

Middle-class Markets

Consumer segments comprising individuals or households with middle-range income levels, often targeted by businesses for their sizable purchasing power.

Elite Markets

Market segments that cater to the needs and desires of high-income and status-conscious consumers.