If an organization has a profit-sharing plan in which employees are able to purchase the company's stock at a discount whenever the organization makes huge profits, then this organization follows Fayol's principle of:
A) centralization.
B) discipline.
C) initiative.
D) esprit de corps.
E) remuneration of personnel.

Question

Quizplus · Accepted Answer

Fayol proposed reward systems including bonuses and profit-sharing plans, which are increasingly used today as organizations seek improved ways to motivate employees.

If an Organization Has a Profit-Sharing Plan in Which Employees