Fayol's Principle of Esprit De Corps Says That Employees Should

question 88

True/False

Fayol's principle of esprit de corps says that employees should be divided into small groups that can be directed efficiently by a single manager.

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Definitions:

Raw Materials

Basic materials that are used in the manufacturing process to create finished goods.

Finished Goods Inventory

The stock of completed products that are ready to be sold but have not yet been sold.

Direct Labor

The wages and other compensation paid to workers who are directly involved in the production of goods or services.

Cash Collections

The process and sum of money received from business activities, such as sales or debt repayments, during a specific period.