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:

3 June Shift 1

Which of the following principles are related to scientific management?

(A) Science not Rule of Thumb

(B) Development of Each and Every Person to His or Her Greatest Efficiency and Prosperity

(D) Cooperation, Not Individualism

Choose the correct answer from the options given below:

21 May Shift 1

Performing activities correctly and at a minimum cost is called:

15 May Shift 2

Which of the following statements is true regarding the nature of Principles of Management:

CUET Business Studies PYQs