Business Studies

Nature & Significance

Easy

Choose the incorrect statement from the following:

Efficiency involves cost-benefit analysis.

If by using less resources, more benefits are derived, then efficiency increases.

If for the same benefit or outputs, fewer resources are used, then efficiency increases.

If for the same benefits, fewer resources are used but more costs are incurred then efficiency increases.

✅ Correct Option: 4

Efficiency means completing a task with minimum cost, i.e. an optimum input-output relationship. Using fewer resources for the same benefit, or getting more benefit from fewer resources, raises efficiency. But if more costs are incurred, efficiency falls, not rises. So statement 4 is internally contradictory and incorrect.

2022: 28 May Shift 2

Which of the following is NOT considered as top Management in an Organisation ?

2022: 15 July Shift 2

They trained their staff in cooking, packaging, inventory management. The employees are happy and satisfied as their basic remuneration and incentives also increased.

Identify the objective of management highlighted above here-

2025: 27 May Shift 2

Which of the following are the basic features of Science?

(A) Systematized body of knowledge

(B) Universal validity

(D) Principles based on experimentation

Choose the correct answer from the options given below:

2026: 11 May Shift 1

"Coordination is the process whereby an executive develops an orderly pattern of group efforts among his subordinates and secures unity of action in the pursuit of common purpose."

The aforesaid definition of Coordination was given by:

2025: 3 June Shift 1

“Coordination is balancing and keeping together the team by ensuring suitable allocation of tasks to the various members and seeing that the tasks are performed with harmony among the members themselves.” This definition of coordination was given by:

2025: 3 June Shift 2

Identify the basic features of "Management as an Art".

(A) Universal Validity

(B) Existence of theoretical knowledge

(D) Personalised Application

Choose the correct answer from the options given below:

Choose the incorrect statement from the following:

Solution

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Keyboard Shortcuts

CUET Business Studies Past Year Questions (Topic-Wise)