The Idea That Workers Should Be Aware of How Their

question 99

Multiple Choice

The idea that workers should be aware of how their performance affects the performance of the organization as a whole is most consistent with Fayol's principle of

• A)unity of command.
• B)subordination of individual interests to the common interest.
• C)remuneration of personnel.
• D)esprit de corps.
• E)stability of tenure of personnel.

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Definitions:

Net Cash Inflows

The difference between all cash inflows and outflows within a given period, indicating a company's ability to generate cash.

Payback Period

The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.

Average Income

The mean amount of money earned over a specified period by an individual or entity.

Operations

The day-to-day activities involved in running a business or manufacturing process, focusing on efficiency and effectiveness.