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How should a manager uphold the principle of 'Subordination of Individual Interest to General Interest'?

ABy using their authority for personal or family gain.

BBy prioritizing the personal interests of top-performing employees.

CBy leading by example, acting with integrity, and putting the company's interests first.

DBy delegating all responsibilities related to ethical conduct to a separate department.

Answer:

C. By leading by example, acting with integrity, and putting the company's interests first.

Read Explanation:

  • According to Henri Fayol, the main reason why the company's objective must prevail over individual interests is to ensure the organization's survival and success. Fayol emphasized that a company functions effectively only when the interests of the organization take priority over the personal interests of individuals. This alignment helps maintain unity, coordination, and discipline within the organization, ensuring that everyone works towards common goals for overall efficiency and long-term sustainability. This principle is part of Fayol's emphasis on unity of direction and subordination of individual interests to general interests.


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According to Henri Fayol, how is authority defined?

Which of the following quality management principles focuses on the interdependent relationship between an organization and its suppliers?

  1. Mutually Beneficial Supplier Relationships: This principle emphasizes that an organization and its suppliers are interdependent and should build relationships that create mutual value.
  2. Customer Focus: This principle is solely concerned with the organization's internal processes and has no bearing on external partners.
  3. Involvement of People: This principle relates only to employees within the organization and not to external stakeholders.

    Identify the key components of a system as described in the Systems Approach to Management.

    1. Input, Process, Output, Feedback, and Environment are the fundamental elements.
    2. Only Input and Output are considered crucial components.
    3. Environment and Feedback are external factors not integral to the system's core.
    4. Process is the transformation phase where inputs are converted into outputs.