List and define Henri Fayol's 14 principles of management.
What will be an ideal response?
The 14 principles of management identified by Henri Fayol are: 1. Division of work-divide work into specialized tasks and assign responsibilities to specific individuals. 2. Authority-delegate authority along with responsibility. 3. Discipline-make expectations clear and punish violations. 4. Unity of command-each employee should be assigned to only one supervisor. 5. Unity of direction-employees' efforts should be focused on achieving organizational objectives. 6. Subordination of individual interest to the general interest-the general interest must predominate. 7. Remuneration-systematically reward efforts that support the organization's direction. 8. Centralization-determine the relative importance of superior and subordinate roles. 9. Scalar chain-keep communications within the chain of command. 10. Order-order jobs and material so they support the organization's direction. 11. Equity-fair discipline and order enhance employee commitment. 12. Stability and tenure of personnel-promote employee loyalty and longevity. 13. Initiative-encourage employees to act on their own in support of the organization's direction. 14. Esprit de corps-promote a unity of interests between employees and management.
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The negotiator's dilemma is basically how negotiators can
A. negotiate in private but still be accountable to the constituent. B. influence the shaping of the contract to meet their own needs C. build a relationship with the constituent and avoid the other party. D. satisfy constituent's demands for firmness and the other side's demand for concessions.
In a firm that manufactures clothing, the department that is responsible for actually assembling the garments could best be described as a(n):
A. Operating or production department. B. Service department. C. Department in which all of the costs incurred are indirect expenses. D. Department in which all of the costs incurred are direct expenses. E. Cost center.
What is the primary disadvantage of the shortest processing time dispatch rule? Is this a problem if there can be no new jobs arriving after the sequence is set?
What will be an ideal response?
A marketing strategy is composed of two interrelated parts-planning and implementation.
Answer the following statement true (T) or false (F)