CUET Business Studies 2025 15 May Shift 2 PYQs

A finance manager was asked to pitch an offer to an automobile firm to buy some equity. The CEO and General Manager had different opinions on the percentage of the equity that should be acquired. The finance manager was in a dilemma and could not close the deal. Which principle is violated here?

Which of the following are the objectives of standardisation in a business organisation?

(A) To reduce a given line or product to fixed types, sizes and characteristics.

(B) To establish interchange ability of manufactured parts and products.

(C) To establish standards of excellence and quality in materials.

(D) To establish standards of performance appraisal for human resources only.

Choose the correct answer from the options given below:

Which of the following terms represents the number of subordinates that a superior can effectively manage?