"A sales manager has to negotiate a deal with a buyer. She finds that if she can offer a credit period of 60 days, she is likely to clinch the deal which is supposed to fetch the company a net margin of say Rs. 50 crores. The company entrusts her the task of clinching the deal but gives her power to offer a credit period of only 40 days". Identify the principle of management violated in the aforesaid statement.
Held on 22 May 2025 · Verified 13 Jul 2026.
Authority And Responsibility
Unity of Command
Unity of Direction
Scalar Chain
Sign in to track your attempts and accuracy.
Sign in to keep a private note on this question. Nothing you write is ever public.
Which of the following is not a component of physical distribution?
Arrange the following steps of organizing process in the correct sequence: (A) Duty assignment (B) Dividing work into manageable activities (C) The activities of a similar nature are grouped together. (D) Creating authority and responsibility relationship Choose the correct answer from the options given below:
Arrange the following steps of controlling process in a logical sequence. (A) Measuring actual performance (B) Setting the standards (C) Using Critical Point Control and Management by Exception (D) Making comparison of actual performance with standards Choose the correct answer from the options given below:
Which among the following is NOT a point of the importance of communication in management?
Which of the following are the guiding principles of directing? (A) Managerial communication (B) Unity of Command (C) Use of informal organisation (D) Follow through Choose the correct answer from the options given below:
Work through every CUET UG Business Studies PYQ, year by year.