Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:
The management is concerned with the efficient use of various resources because:
Options:
It reduces Costs
It make employees more responsible
Both of 1 and 2 are correct
None of the above
Correct Answer:
It reduces Costs
Explanation:
Management is concerned with the efficient use of these resources, because they reduce costs and ultimately lead to higher profits