Coordination helps to coordinate the work of different departments and within each department, it integrates all the functions of management. Coordination is, therefore, rightly called the essence of management. It helps each managerial function and each departmental activity contribute to organisational goals. Coordination relates to business, is defined as integrating activities to ensure resources of an organization are used most efficiently to succeed in achieving the set goal.

Public relations are deliberate, planned and sustained efforts to establish and maintain understanding between an organization and its public.
Role of Public Relation:
More Credible:Public Relation activity is considered more reliable. Public is of the opinion that they can be misled by advertising and other such mediums for increasing sales. But this is not possible in public relations because its objective is to improve the image of an organization.
Economical Medium:To attract the attention of Public this is the cheapest medium available. Like a lot of more money has to be spent on advertisement as compared to it.
Image Building:All related groups of people are satisfied with the help of public relation activity. As a result, it builds a good image of the organization.

A partner is an agent of the partnership. When a partner has the apparent or actual authority and acts on behalf of the business, the partner binds the partnership and each of the partners for the resulting obligations. To be sure, the law of agency potentially applies to partnership-type business associations just as it does to all individuals and legal entities in determining the relationships between firms and third parties. 

Demonetization is a process of stripping a currency unit of its status as a legal tender. In simple words, demonetized notes are no longer valid as legal currency. Usually, a new currency replaces the old currency unit/s.
Characteristics of demonetisation are:
(i) Change in currency It is the act of stripping or discontinuing a currency unit of its legal status by government.
(ii) Contingent Success or failure of demonetisation is dependent upon various factors.
(iii) Objective The objective of demonctisation can be curbing corruption, fake currency, illegal activity and making cashless economy.
(iv) Crunches Generally after demonetisation, people face cash crunches for a shorter period.

Under controlling, actual results are compared with the expected results and deviations are find out. Then corrective action is initiated to improve the performance. The corrective action is taken with reference to future on the basis of past experience. On this basis, it can be said that controlling looks forward.

 It refers to the process of appointing possible candidates for a job or a function. It has been defined as the process of searching for prospective employees and stimulating them to apply for jobs in an organisation.

Sources of Recruitment There are two sources of recruitment

1. Internal
2. External

 Internal Sources Under internal source of recruitment the vacant job positions are filled by inducing the existing employees of the organisation

 Methods Under the internal recruitment following methods of recruitment are used

(a) Transfer
(b) Promotion

External Sources When the candidates from outside the organisation are invited to fill the vacant job position then it is known as external recruitment.

Methods

The common methods of external sources of recruitment are

(a) Direct recruitment
(b) Casual callers
(c) Advertisement
(d) Employment exchange
(e) Placement agencies and management consultants
(f) Campus recruitment
(g) Recommendations of employees
(h) Labour contractors
(i) Advertising on television
(j) Web publishing
(k) Factory gate

Recruitment: It refers to identification of the sources of manpower availability and making efforts to secure applicants for the various job positions in an organization.

Any five features of management are:

1. Management is a goal oriented process as it leads to achievement 

of common goals. 

2. Management is pervasive in nature and has a universal phenomenon. 

3. Management is a multi-dimensional as it is required to manage work, people and operations,

4. Management is a continuous process because it is performed continuously in the organisation.

5. Management is a dynamic function as it keeps on changing according to the changes taking place in the environment.

Important characteristics of management
(i) Management is a Goal Oriented Process.
(ii) Management is all Pervasive

Planning is ascertaining prior to what to do and how to do. It is one of the primary managerial duties. Before doing something, the manager must form an opinion on how to work on a specific job. Hence, planning is firmly correlated with discovery and creativity. But the manager would first have to set goals. Planning is an essential step what managers at all levels take. It needs holding on to the decisions since it includes selecting a choice from alternative ways of performance.
Planning is definitely significant as it directs us where to go, it furnishes direction and decreases the danger of risk by making predictions. The significant advantages of planning are provided below:

• Planning provides directions: Planning assures that the objectives are certainly asserted so that they serve as a model for determining what action should be taken and in which direction. If objects are well established, employees are informed of what the company has to do and what they need do to accomplish those purposes.
• Planning decreases the chances of risk: Planning is an activity which permits a manager to look forward and predict changes. By determining in prior the tasks to be completed, planning notes the way to deal with changes and unpredictable effects.
• Planning decreases overlapping and wasteful activities: Planning works as the foundation of organising the activities and purposes of distinct branches, departments, and people. It assists in avoiding chaos and confusion. Since planning guarantees precision in understanding and action, work is conducted on easily without delays.
• Planning encourages innovative ideas: Since it is the primary function of management, new approaches can take the form of actual plans. It is the most challenging project for the management as it leads all planned actions pointing to growth and of the business.