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3 years ago

Fayol's Principles of Management provide an accurate description of what managers actually do on the job.

Business

1 answer:

ch4aika [34]3 years ago

6 0

Answer:

b) false

Explanation:

This statement is false, because Fayol's management principles were an administrative methodology that provided for observing the facts of an organization and the experiment, being therefore principles that are unable to provide an accurate description of what managers do in the job.

Its management principles consist of: Division of Labor, authority, discipline, management unit, control unit, Subordination of individual interests to the common good, remuneration, centrality, hierarchy, order, equity, stability, initiative and team spirit.

He believed that this set of principles would lead to more effective management where the company would achieve greater efficiency through structural organization and the control and monitoring of functions.

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3 years ago

Read 2 more answers

Kasapreko Company Limited is a wholly Ghanaian-owned company with branches in Nigeria, South Africa and Germany. With relevant e

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Answer:

The definition of the problem is listed in the explanation segment below.

Explanation:

The diverse worldview is referred to as one of the OLI systems, in which OLI refers to possession, place, and internalization.

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Advantage of Internationalization:

It has been allowed the company to create an integrated quality assurance system and an object development facility in there and, in turn, to carry out its special bespoke bottles and caps.

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3 years ago

On May 1, 2015, Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2015, and pay interest

vivado [14]

Herron Corp

A. Journal entry

Dr Cash 600,000

Cr Bonds Payable 600,000

B. Adjusting entries as at Dec 31, 2015

Dr Interest Expense 9,000

Cr Interest Payable ($600,000 x 9% x 2/12) 9,000

C. Balance sheet as at December 31, 2015

Current liabilities

Interest Payable 9,000

Long term Liabilities

Bonds Payable 600,000

D. Journal entry as at May 1, 2016

Dr Interest Expense ($600,000 x 9% x 4/12) 18,000

Dr Interest Payable 9,000

Cr Cash 27,000

(e) Journal entry Nov 1, 2016

Dr Interest Expense 27,000

Cr Cash ($600,000 x 9% x 1/12) 27,000

F. Bonds at 102 on Nov 1,2016

Dr Bonds Payable 600,000

Dr Loss on Bond Redemption 12,000

Cr Cash ($600,000 x 1.02) 612,000

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3 years ago

Fayol's Principles of Management provide an accurate description of what managers actually do on the job.​

Fayol's Principles of Management provide an accurate description of what managers actually do on the job.