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

Chris Has a Job as a Sales Representative for a Pharmaceutical