CUET Business StudiesBusiness Studies > Medium(A), (B) and (C) only(A) and (B) only(A), (C) and (D) only(C) and (D) only✅ Correct Option: 3Related questions:27 May Shift 2According to whom? "Delegation is the entrustment of responsibility and authority to another and the creation of accountability for performance".3 June Shift 2Identify the advantages of formal organization from the options given below. (A) It is easier to fix responsibility since mutual relationships are clearly defined. (B) There is no ambiguity in the role that each member has to play as duties are specified. This also helps in avoiding duplication of effort. (C) It helps to fulfill the social needs of the members and allows them to find like minded people. This enhances their job satisfaction since it gives them a sense of belongingness in the organisation. (D) Unity of command is maintained through an established chain of command. Choose the correct answer from the options given below:29 May Shift 2Which concept of management is defined as "a process that initiates implementation of plans by clarifying jobs and working relationships and effectively deploying resources for attainment of identified and desired results"?