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Sergio039 [100]
3 years ago
9

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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Suppose people cannot tell for sure whether they will fall ill in any given year. High-risk people correctly perceive their chan
Crank

The expected annual medical expenses of a high-risk person is $3000 per year while that of a low-risk person is $1000 per year.

The expected annual medical expenses of a high-risk person will be calculated as:

= Probability of falling ill × Expenses in case of illness

= 30% × $10000

= 0.3 × $10000

= $3000

The expected annual medical expenses of a low-risk person will be calculated as:

= Probability of falling ill × Expenses in case of illness

= 10% × $10000

= 0.1 × $10000

= $1000

It should be noted that in a situation where the individuals are risk neutral, the low-risk persons will not buy insurance as only the high-risk individuals will be expected to buy<em> insurance.</em>

Read related link on:

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5 0
2 years ago
A licensed real estate broker who shall by choice elect to work under the name and supervision of another individual broker or a
Minchanka [31]

Answer:

Associate Real Estate Broker

Explanation:

7 0
2 years ago
Which of these is the concept that a unit's sales will follow an approximate bell-shaped curve versus a steady sales life?
zhannawk [14.2K]

Answer: Product Life cycle

Explanation: Product Life cycle is a concept used to describe the various stages which a product will have to undergo from the time of introduction into the market till the time it will eventually be out of the market. Different products have different life cycle,the life cycle is determined by different factors. The shape of a product's life cycle is that of a BELL SHAPE

The stages include Introductory stage, Growth stage, Stabilization stage and decline stage.

8 0
3 years ago
Mr. And mrs. Atoll are planning a party for 10 people and want to make sure they have enough soda for everyone to have two bottl
melomori [17]

The option that makes the most sense for the party by Mr and Mrs Atoll is one case of 24 sodas at $18.50.

<h3>Why this option is the cheapest</h3>

The reason for this is that given the guests they are entertaining, this option is the most cheapest and effective.

How to calculate for the way that the drink would go round

a. Each bottle is $1.5. Two bottles for 1 = 1.5x2 = 3 dollars

b. six packs at 5$. One= $0.88

c. A case of 24 sodas at $18.5. one soda is going to be  18.5/24 = $0.77

d. Two cases of 24 soda at 18.5 = $1.54

Given the calculations that have been done above, option c at $0.77 is the cheapest. It would require them to send the less money in getting sodas that would go round twice for 10 people.

Read more on the economy here: brainly.com/question/1106682

5 0
2 years ago
A manufacturing operations consists of 13 operations. However, five of the 13 machining operations must be completed before any
user100 [1]

Answer:

4,838,400

Explanation:

Assume there are already Two sets of machine working.

In the first set, there is 5 machine Operates and in another set, There are 8 machines (13-5) operates.

So Total Production sequence = First sets all combinations  x Second sets all combination

= 5! x 8!

= ( 5 x 4 x 3 x 2 x 1 ) x ( 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 )

= 120 x 40,320

= 4,838,400

So , total number of machine combination is 4,838,400.

6 0
3 years ago
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