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Home Questions E6V4ZSU7V7
Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Successful management ensures that

Options:

Goals are achieved with least cost

Timely achievement of goals

Both Options 1 and 2

Goals are achieved timely even at higher cost.

Correct Answer:

Both Options 1 and 2

Explanation:

OPTION-1 Goals are achieved with least cost
OPTION-2 Timely achievement of goals
OPTION-3 Both Options 1 and 2
OPTION-4 Goals are achieved timely even at higher cost.
Management aims to carry out the work in a manner that is completed within the stipulated time (effectiveness) and at the least cost (efficiency). So, the correct option is both 1 and 2.

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