CUET Business Studies - Policy formation serves as the basis of coordinating the activities and efforts of different divisions, departments and individuals. It helps in avoiding confusion and misunderstanding.' Identify the significance of managerial function highlighted in this statement. | PYQs + Solutions

CUET Business Studies

Business Studies

Medium

Facilitates decision making

Reduces risks of uncertainty

Provides direction

Reduces overlapping and wasteful activities

✅ Correct Option: 4

Related questions:

13 May Shift 2

Which of the following principles are taken from the 14-Principles suggested by Henry Fayol?

(A) Discipline

(B) Scalar Chain

(D) Equity

Choose the correct answer from the options given below:

26 May Shift 2

Savitri is biased towards her female subordinates when it comes to solving the conflicts among the employees. Which principle is being violated here?

13 May Shift 1

Match List-I with List-II

List-I	List-II
Principles	Statement
(A) Equity	(I) To ensure obedience to organizational rules
(B) Unity of direction	(II) Kindliness and justice in the behavior of managers towards workers
(C) Order	(III) A group of activities with common objectives must have one head and one plan
(D) Discipline	(IV) Every employee must be in his appointed place

Choose the correct answer from the options given below:

CUET Business Studies PYQs