Fayol's Principles of Order Can Be Illustrated By

question 53

Multiple Choice

Fayol's principles of order can be illustrated by:

• A)Organizational chart
• B)Job description
• C)Unity of direction
• D)Unity of responsibility
• E)PERT chart

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Definitions:

Output Level

The quantity of goods or services produced within a given period by a business or economy.

Total Variable Cost

The sum of all costs that vary with the level of output, including expenses like materials and labor, but not fixed costs.

Output Level

Refers to the quantity of a product or service produced by a company or an economic sector within a specific period.

Average Product

The output per unit of input, calculated by dividing total production by the total quantity of input.