If an organization has a profit-sharing plan in which top executives are able to purchase the company's stock at a discount whenever the organization has a highly profitable year,this organization is acting consistently with Fayol's principle of:
A)Unity of command
B)Discipline
C)Line of authority
D)Unity of direction
E)Remuneration of personnel

Question

Quizplus · Accepted Answer

Fayol believed effective reward systems should be equitable for both employees and the organization,encourage productivity by rewarding well-directed effort,not be subject to abuse,and be uniformly applied to employees.

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