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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.


Related Questions:

According to Henri Fayol, how is authority defined?
What is the cornerstone of Taylor’s approach to management?
What is the primary statement of Henri Fayol's principle of 'Subordination of Individual Interest to General Interest'?

Consider the following statements regarding Taylor’s Scientific Management: Which is/are correct?

  1. Scientific management is based on the use of scientific enquiry and systematic study in management, rather than rule of thumb.
  2. Taylor advocated that each production activity could be scientifically managed to increase efficiency.
  3. According to Taylor, managers should rely only on their indigenous rules of thumb as the best method.
  4. Taylor believed that investigation and standardization of methods could maximize efficiency.
    What is 'Official Authority' as identified by Henri Fayol?