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According to Fayol, what is the main reason why the company's objective must prevail over individual interests?

ATo ensure employees receive minimal salary.

BTo simplify management's decision-making process.

CTo ensure the organization's survival and success.

DTo allow managers to exercise absolute authority.

Answer:

C. To ensure the organization's survival and success.

Read Explanation:

  • This principle, called 'Subordination of Individual Interest to General Interest', is a cornerstone of his management theory. Fayol believed that for an organization to thrive, all employees, from the top down, must work toward a common goal. If individual interests consistently override the collective good, it can lead to a lack of harmony, wasted resources, and ultimately, the failure of the company's objectives.


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Which management principle, proposed by Henri Fayol, emphasizes promoting team spirit, unity, and harmony among employees?

Which principle of quality management suggests that managing activities as a unified system improves efficiency?

  1. System Approach to Management: Understanding and managing interrelated processes as a unified system helps achieve objectives more effectively.
  2. Continual Improvement: Making ongoing improvements a permanent objective provides a performance advantage.
  3. Mutually Beneficial Supplier Relationships: Building strong relationships with suppliers enhances value creation for both parties.