Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:

The Standards used in marketing to gauge Performance are:

A. Sales Volume
B. Labour Turnover
C. Sales Expenses
D. Individual Salesman performance
E. Liquidity

Choose the correct answer from the options given below:

Options:

A, C and D only

A, B, C and D only

A, B and C only

A, B, C and E only

Correct Answer:

A, C and D only

Explanation:

Standards used in Functional Areas to Gauge Performance

Production Marketing Human Resource Management Finance and Accounting
Quantity Sales volume Labour relations Capital expenditure
Quality Sales expense Labour turnover Inventory
Cost Advertising expenditure Labour absenteeism Flow of capital
Individual job Individual   Liquidity
Performance Sales-person’s performance