Chris has a job as a sales representative for a pharmaceutical company. The company offers both quarterly and annual bonuses based on performance. The company also has a profit-sharing plan for its employees. This demonstrates Fayol's principle of
A)equity.
B)subordination of individual interests to the common interest.
C)initiative.
D)esprit de corps.
E)remuneration of personnel.

Question

Quizplus · Accepted Answer

Fayol's principle of remuneration of personnel refers to fair compensation and incentives for employees, which is demonstrated by the bonuses and profit-sharing plan offered to Chris.

Chris Has a Job as a Sales Representative for a Pharmaceutical