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irga5000 [103]
3 years ago
10

French mining engineer Henri Fayol defined management as a process involving which of the following?

Business
1 answer:
AleksandrR [38]3 years ago
8 0

Answer:

Option D

Explanation:

As per French mining engineer Henri Fayol, management as a process involves five elements -

a) Planning

b) Organizing

c) Commanding (leading)

d) Coordinating

e) Controlling.

Hence, all the three elements i.e Planning, organizing and Leading are present

Hence, option D is correct

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When making contingency estimates, the contractor should estimate the amount to mitigate high impact and probable issues.

As a result of uncertainties that are peculiar to everything in life, most especially projects undertaken, it is very important and necessary that the contractor should set aside an amount of money to mitigate or lessen any high impact such as dwindling prices, miscellaneous, faults, repairs and other probable issues that may arise in the process of execution.

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