NATURE AND SIGNIFICANCE OF MANAGEMENT — OCM STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceOCMNATURE AND SIGNIFICANCE OF MANAGEMENT2 Marks
Question
List down four characteristics of co-ordination.
✓
Answer
$1.$ Success of co-ordination depends on effective communication,
$2.$ Optimum utilization of business resources is possible due to co-ordination,
$3.$ Co-ordination is required at every level of management, and
$4.$ Management , process is not possible without coordination as it is required in all functions – from planning to control.
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