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"Coordination is not a separate function …

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"Coordination is not a separate function of management; it is the essence of management ". Explain with the help of suitable example

Posted by Tanur Khandelwal 3 years, 7 months ago

CBSE > Class 12 > Business Studies

1 answers

Itz Me 3 years, 7 months ago

because it is required in each and every function of management whether it be planning, organising, staffing, directing or controlling....It's the binding force that binds all the functions of management that's why it's called the essence of management.

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Posted by Yuvraj Singh 4 months, 2 weeks ago

CBSE > Class 12 > Business Studies

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The top officials of a country’s Government held a meeting in order to speed up the business growth. In the meeting it was decided that there was a need for granting several exemptions to the Business Units already established. Similiarly ,they felt that with a view to setting up new Business Units the young men needed to be encouraged. Also it was emphasized in the meeting that the entry of Multinational companies needed to be simplified. Besides, priority was given to relaxing restrictions imposed on Import Business. The main reason for the Government to think like this was to speed up the economic growth. Identify the likely impact of the Government’s policy on business described in the paragraph given above.

Posted by Gautam Singhal 4 months, 3 weeks ago

CBSE > Class 12 > Business Studies

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Don't post personal information, mobile numbers and other details.
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Posted by Vanshika Nandwani 4 months, 2 weeks ago

CBSE > Class 12 > Business Studies

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Relo Ltd. is laptop manufacturing company. The company decides to enter into refrigerator manufacturing industry. The compathahasa committed top management. It knows that there are various challenges in the market where its decisions regarding the new industry might fail Still the top management doesn't want to waste a lot of resources on its plans. It knows that sometimes plans take more time in making than getting implemented. However, the company wants to proceed with a positive approach. It has decided to study all the aspects of its competitors, to set all its objectives and to allocate the required resources. The company did well in its previous business. At that time, they took planning very seriously as they knew everything the company would do had to be based on concrete plans. The company will start its operations from next month. Q. (i) Identify and explain the function of management that has been discussed in the above case? (ii) Identify and explain the limitations of the function identified in above (i)

Posted by Deexita Swarnkar 3 months, 4 weeks ago

CBSE > Class 12 > Business Studies

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Posted by Naina Mishra 4 months, 2 weeks ago

CBSE > Class 12 > Business Studies