Read the following passage and answer the question.

Rajni, the new CEO of Bharat Ltd., a computer hardware manufacturing company addressed the employees on her first day. She emphasized the importance of employee suggestions and teamwork, and her vision for a fair and efficient workplace. She also stated that she would be stern with lazy employees, as she believes that everyone is equal in the eyes of management. In summary, Rajni's vision for Bharat Ltd. is a company where:
* Employees are encouraged to contribute their suggestions.
* She would want to promote a team spirit of unity and harmony among employees, which would give rise to a spirit of mutual trust and belongingness among team members.
* All agreements are clear, fair, and penalties are applied judiciously.
* Lazy employees are dealt with sternly, as everyone is equal in the eyes of management.
* The interests of the organization take priority over the interests of any one individual employee.

Rajni's vision is one of a high-performing organization where employees are valued and respected, but also held accountable for their performance.

Which of the following statements is true about the principles followed by the company?

Henry Fayol, General Management

The correct answer is option 2- Henry Fayol, General Management.

The principles followed by the company are- Initiative, Discipline, Esprit de corps, Subordination of Individual Interest to General Interest, Equity.

All these principles are related with general management and general management principles are given by HENRY FAYOL.

** Henri Fayol (1841-1925) was a French management theorist. Based largely on his own experience, he developed his concept of administration. The 14 principles of management propounded by him were discussed in detail in his book published in 1917, ‘Administration industrielle et generale’. It was published in English as ‘General and Industrial Management’ in 1949 and is widely considered a foundational work in classical management theory. For his contribution he is also known as the ‘Father of General Management.