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:

22 May Shift 2

The process of controlling involves the following steps:

(A) Measurement of actual performance

(B) Setting performance standards

(D) Comparison of actual performance with standards

Choose the correct answer from the options given below:

30 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Setting Standards	(I) The company has decided to increase the workforce to meet the shortage of production.
(B) Measuring Actual Performance	(II) Company sets target production rate of 1000 units per day
(C) Taking Corrective Action	(III) Acceptable deviations of actual performance from the standard performance is $\pm$ 50 units.
(D) Analyzing Deviations	(IV) The company produces 700 units per day.

Choose the correct answer from the options given below:

13 May Shift 1

Which of the following is a function that brings the management cycle back to the planning function?

CUET Business Studies PYQs