One of the significance of Principles of Management is "Decisions must be based on facts, thoughtful and justifiable in terms of the intended purposes. They must be timely, realistic and subject to measurement and evaluation." Identify the correct option which reflects the above statement:

Question

Option 1: Providing managers with useful insights into reality

Option 2: Optimum utilisation of resources and effective administration

Option 3: Scientific decisions

Option 4: Meeting changing environment requirements

AfterBoards · Accepted Answer

The answer is 'Scientific decisions'. View full solution:

CUET Business Studies 2026 6th June Shift 1 PYQs

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