Question

Through this principle of management, Henri Fayol guides the managers to exhibit exemplary behaviour and advises that they should not fall into temptation of misusing their powers for personal benefit at the cost of general interest of the organisation. Which principle of management is being described in the above statement?

Options

• Remuneration of employees

• Centralisation and decentralisation

• Subordination of individual interest to general interest

• Equity

Answer 1

Subordination of individual interest to general interest

Explanation - 

Through this principle, Fayol advocates that the interests of the organisation should take precedence over the individual interests of employees in all situations.