CBSE Class 12 Business Studies 2016 Outside Delhi set 1

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Question : 1
Total: 34
"Is Management concerned only with doing the right task, completing activities and achieving goals without taking into consideration the cost benefit"? Give reason in support of your answer.
Solution:  
No, management is not only concerned with doing the right task, completing activities and achieving goals but it also takes into consideration the cost benefit. It is one of the importance of management that it increases the efficiency which means management minimises the costs and increases the productivity through the optimum utilisation of resources.
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