Question

Bill is a financial manager at Carlyle Bank and Trust who always strives to treat each subordinate with respect and fairness. Bill's treatment of employees is an example of Fayol's principle of:

Answer 1

Answer: Fayol's principle of Equity

Explanation:

Fayol's principle of equity is of the opinion that the principle guiding equity must be followed by management at all levels. This principle kicks against discrimination based on religion, race and sex in management. It stress the need for equity in management as it will encourage employees to give their best and contribute maximally to the growth of the organization.