{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2026-03-16T06:46:35.204Z","dateModified":"2026-03-16T07:01:51.935Z","typicalAgeRange":"11-18","educationalLevel":"KSEAB Class XII","assesses":"Business Studies - Principles and Functions of Management","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Principles and Functions of Management"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Business Studies"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"KSEAB Class XII"}],"name":"Quiz about Principles and Functions of Management","about":{"@type":"Thing","name":"Business Studies - Principles and Functions of Management"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Principles and Functions of Management","text":"Which of the following refers to doing the task correctly and with minimum cost?}","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"Remember: Efficiency = ``Doing things right'' (Cost focus). Effectiveness = ``Doing the right things'' (Result focus)."},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

Effectiveness

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

Co-ordination

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

Process

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

Efficiency\n\n Correct Answer: (d) Efficiency\n\n

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

Efficiency\n\n Correct Answer: (d) Efficiency\n\n

","comment":{"@type":"Comment","text":"Remember: Efficiency = ``Doing things right'' (Cost focus). Effectiveness = ``Doing the right things'' (Result focus)."},"answerExplanation":{"@type":"comment","text":""}}}]}

Which of the following refers to doing the task correctly and with minimum cost?

Show Hint

The Correct Option is D

Solution and Explanation

Top Questions on Principles and Functions of Management

Questions Asked in KSEAB Class XII exam