Question

Match List-I with List-II.

List-I (Functional Areas)	List-II (Standards)
(A) Production	(I) Cost
(B) Marketing	(II) Sales Volume
(C) Human Resource Management	(III) Labour Relations
(D) Finance	(IV) Liquidity

Choose the correct answer from the options given below :

• A. (A)-(I), (B)-(III), (C)-(II), (D)-(IV)
• B. (A)-(I), (B)-(II), (C)-(III), (D)-(IV)
• C. (A)-(II), (B)-(III), (C)-(IV), (D)-(I)
• D. (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Answer 1

The Correct Option is A

Production focuses on controlling cost, ensuring that products are manufactured efficiently while minimizing waste and maximizing productivity.

Marketing is measured by sales volume, as the success of marketing efforts is often evaluated based on how much product is sold in a given time frame.

Human Resource Management deals with labour relations, managing employee welfare, resolving conflicts, and ensuring fair treatment and compliance with labour laws.

Finance is concerned with liquidity, ensuring that the company has enough cash flow to meet its short-term obligations and avoid financial crises.