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Business Studies · 2025 · 4 marks
CBSE 2025 · Region 2 · Set 1 · Q25
(a) Explain the following principles of management given by Fayol: (i) Division of work (ii) Authority and Responsibility
(a)
Explain the following principles of management
given by Fayol:
(i)
Division of work
(ii)
Authority and Responsibility
OR
(b)
Explain the following points of significance of principles
of management:
(i)
Providing managers with useful insights into reality.
(ii)
Optimum utilization of resources and effective
administration.
Marking-scheme solution
(i)
Division of Work
§ The principle of Division of work suggests that work can be
performed more efficiently if it is divided into specialised
tasks.
§ A trained specialist who is competent, is required to perform
each job leading to specialization which results in efficient
and effective output.
(ii)
Authority and Responsibility
§ The principle of Authority and Responsibility suggests that
managers require authority commensurate with their
responsibility.
§ An organisation should build safeguards against abuse of
managerial power. At the same time, a manager should have
necessary authority to carry out his responsibility.
(i)
Providing managers with useful insights into reality
§ Principles of management provide useful insights into reality
by enabling the managers to learn from past mistakes and
conserve time by solving recurring problems quickly.
§ Adherence to these principles adds to their knowledge,
ability and understanding of managerial situations and
circumstances thereby increasing managerial efficiency.
(ii)
Optimum utilization of resources and effective
administration.
§ Principles of management help in optimum utilisation of
resources by equipping managers to foresee the cause and
effect relationships thereby reducing the wastages associated
with trial and error approach.
§ Principles of management help in effective administration by
limiting the boundaries of managerial discretion so that
decisions are free from personal prejudices.
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CBSE Class 12 Business Studies past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.