Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Given below are some statements. Read them carefully and choose the incorrect statement (s) from the given options.

Statement 1: Coordination is the force that binds all the other functions of management.    

Statement 2: Coordination is sometimes considered a separate function of management.    

Statement 2: Coordination is implicit and inherent in all functions of an organisation.

Options:

Only 2

Only 2 and 3

Only 3

None of the above

Correct Answer:

None of the above

Explanation:

Coordination is the force that binds all the other functions of management. It is the common thread that runs through all activities such as purchase, production, sales, and finance to ensure continuity in the working of the organisation. Coordination is sometimes considered a separate function of management. It is however, the essence of management, for achieving harmony among individual efforts towards the accomplishment of group goals. Each managerial function is an exercise contributing individually to coordination. Coordination is implicit and inherent in all functions of an organisation.