The __________ Principle,as Defined by Henri Fayol,states That Each Person

question 142

Multiple Choice

The __________ principle,as defined by Henri Fayol,states that each person should receive orders from only one boss.

• A)Scalar chain.
• B)Unity of command.
• C)Unity of direction.
• D)Management order.
• E)Organization.

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Definitions:

Capital Inputs

The physical assets, financial resources, and human capital used in the production of goods and services.

Optimal Use

The most efficient, effective, or desirable utilization of resources or goods to achieve the best outcome or return.

Interest Rate

The percentage of a loan charged as cost to the borrower for the use of the money.

Capital Projects

Long-term investments made by companies or governments to create, improve, or maintain physical assets.