Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Principles of Management

Question:

According to Fayol's principles of management, why should the interests of the organization take priority over those of an individual employee?

Options:

Because individual employees are not important for the company's success.

Because companies aim to minimize employee salaries for maximum output.

Because the larger interests of the workers and stakeholders are more significant.

Because employees should always prioritize their individual interests over the company's goals.

Correct Answer:

Because the larger interests of the workers and stakeholders are more significant.

Explanation:

According to Fayol, the interests of the group or company should take precedence over the interests of any one individual. This is because larger interests, including those of workers and stakeholders, are deemed more important.