Fayol's Principle of Initiative Suggests That

question 98

Multiple Choice

Fayol's principle of initiative suggests that:

• A) employees ought to be closely monitored.
• B) managers should encourage employees to be innovative and creative.
• C) managers should ensure that the tasks and roles of each employee are clearly specified.
• D) authority should be concentrated at the top of the hierarchy.
• E) managers should use rewards and punishments to control the behavior of employees.

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Definitions:

Theory Z

A management approach that integrates Japanese and American business practices, focusing on long-term employment, collective decision-making, and holistic concern for employees.

Japanese Management Practices

Business strategies and cultural approaches unique to Japanese companies, emphasizing consensus, quality, and continuous improvement.

Long-Term Employment

A form of employment characterized by job stability, where an individual holds positions within a company or industry for an extended period, often leading to benefits such as pensions.

Australasian Company

A company that operates in Australia, New Zealand, and sometimes in the neighboring islands in the Pacific.