An Organization That Has a Single, Comprehensive Long-Term Plan That

question 57

Multiple Choice

An organization that has a single, comprehensive long-term plan that leads every department within the organization is following Fayol's principle of:

• A) order.
• B) line of authority.
• C) unity of command.
• D) unity of direction.
• E) decentralization.

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Definitions:

Brand Formula

The strategic components and methodologies used by a company to build and maintain its brand identity, reputation, and consumer engagement in the market.

Advertising Industry

A sector of the economy dedicated to the creation, planning, and dissemination of advertisements to promote products, services, or ideas.

Identity Construction

The process through which individuals and groups create, negotiate, and express their cultural, social, and personal identities, often influenced by societal structures and cultural norms.

Consumers

Individuals or organizations that purchase or use goods and services for personal or organizational needs.