NATURE AND SIGNIFICANCE OF MANAGEMENT — OCM STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceOCMNATURE AND SIGNIFICANCE OF MANAGEMENT5 Marks
Question
Explain the Characteristics of co-ordination.
✓
Answer
Characteristics of co-ordination :
$(1)$ Required for management process : Co-ordination is required for all the activates right from planning to controlling. Therefore management process is not possible without co-ordination.
$(2)$ Function of all levels of management : It is required at every level of management.
$(3)$ Effective Communication is required : Success of co-ordination depends upon effective communication.
$(4)$ Co-operation is Pre-condition : Co-ordination is not possible without co-operation. Co-operation of employees, engaged in different activates is necessary to maintain co-ordination among various activities of organization.
$(5)$ Optimum Utilizing of Resource : Optimum utilization of business resources is possible due to co-ordination.
$(6)$ Soul of management : Co-ordination is a part of every activity of management. Therefore co-ordination is considered as soul of management.
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