If an Organization Has a Profit-Sharing Plan in Which Top

question 7

Multiple Choice

If an organization has a profit-sharing plan in which top executives are able to purchase the company's stock at a discount whenever the organization has a highly profitable year,this organization is acting consistently with Fayol's principle of:

• A)Unity of command
• B)Discipline
• C)Line of authority
• D)Unity of direction
• E)Remuneration of personnel

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Definitions:

Monthly Rates

Interest or other rates measured or applied over a one-month period, commonly used in loans, leases, or savings accounts.

Monthly Rates

Rates recalculated on a monthly basis, often used to express the cost of financing or earning on investments on a monthly timeline.

Annual Rates

Refers to the interest or growth rate over a period of one year.

Annual Rates

Refers to rates that are applied over the course of a year, commonly found in financial contexts like savings or loan interest rates.