Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

"The process whereby an executive develops an orderly pattern of group efforts among his subordinates and secures unity of action in the pursuit of a common purpose". Identify the concept of management highlighted in the aforesaid statement.

Options:

Planning

Controlling

Coordination

Communication

Correct Answer:

Coordination

Explanation:

The correct answer is option 3- Coordination.

The process whereby an executive develops an orderly pattern of group effort among his subordinates and secures unity of action is known as Coordination. It is definition of coordination.

Coordination is the process whereby an executive develops an orderly pattern of group efforts among his subordinates and secures unity of action in the pursuit of common purpose. McFarland

The purpose of coordination is to secure unity of action in the realisation of a common purpose. It acts as the binding force between departments and ensures that all action is aimed at achieving the goals of the organisation. For example in an organisation named ABC Ltd, the production and sales department have to coordinate their work, so that production takes place according to the demand in the market.

 

OTHER OPTIONS

  • Planning is the function of determining in advance what is to be done and who is to do it. This implies setting goals in advance and developing a way of achieving them efficiently and effectively.
  • Controlling is the management function of monitoring organisational performance towards the attainment of organisational goals. The task of controlling involves establishing standards of performance, measuring current performance, comparing this with established standards and taking corrective action where any deviation is found. 
  • Communication- The word communication has been derived from the Latin word ‘communis’ which means ‘common’ which consequently implies common understanding. Communication is defined in different ways. Generally, it is understood as a process of exchange of ideas, views, facts, feelings, etc., between or among people to create common understanding.