Asked by Taylyn Vences on Jun 10, 2024
Verified
____ is one of Henry Fayol's five functions or areas of managerial responsibility.
A) Cooperation
B) Control
C) Optimization
D) Leading
E) Communicating
Henry Fayol
A French mining engineer and management theorist best known for developing a general theory of business administration.
Managerial Responsibility
The obligations and duties of managers to make decisions, guide actions, and oversee the welfare and performance of their team and organization.
Optimization
The process of making something as effective or functional as possible.
- Grasp the concepts of Henry Fayol's management principles and explore their utilization in modern-day business practices.
Verified Answer
TM
Tariqa McgawionJun 15, 2024
Final Answer :
B
Explanation :
Control is one of the five functions of management according to Fayol, which involves establishing performance standards, comparing actual performance with those standards, and taking corrective action as needed. The other functions are planning, organizing, leading, and coordinating.
Learning Objectives
- Grasp the concepts of Henry Fayol's management principles and explore their utilization in modern-day business practices.
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