Only a 5% increase in labour cost may be more troublesome than a 15% increase in postal charges.' Identify the concept pointed out in the direction. Option 1: Deviation Option 2: Critical point control Option 3: Break-even analysis Option 4: Critical path method

The answer is 'Critical point control'. View full solution:

CUET Business Studies - Only a 5% increase in labour cost may be more troublesome than a 15% increase in postal charges.' Identify the concept pointed out in the direction. | PYQs + Solutions

CUET Business Studies

Business Studies

Medium

Deviation

Critical point control

Break-even analysis

Critical path method

✅ Correct Option: 2

Related questions:

15 May Shift 1

What will be the correct sequence for the steps involved in the process of controlling?

(A) Comparison of actual performance with standards

(B) Setting performance standards

(D) Measurement of actual performance

Choose the correct answer from the options given below:

27 May Shift 2

"When it was found that the quality control team was understaffed, Aditi hired additional inspectors and provided training". Which step of management function is highlighted in these lines?

31 May Shift 1

Identify the correct sequence of controlling process in management:

(A) Deviation analysis

(B) Setting standards

(D) Performance measurement

Choose the correct answer from the options given below:

CUET Business Studies PYQs

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