GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Establishes clear relationships among the companies resources
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defines the company’s mission statement
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enables the business to prepare precise forecasts
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ensures that the employees understand all the business activities
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Detailed explanation-1: -It ensures unity of action among individuals, work groups and departments, and brings harmony in carrying out the different activities and tasks so as to achieve the organizational goals efficiently. The concept of coordinating always applies to group efforts.
Detailed explanation-2: -Organizing is the function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives.
Detailed explanation-3: -It brings unity of action and integrates different activities of organization. Coordination is the most important function of an organization. It refers to bringing together the activities of an organization to achieve the objectives and goals of the business.
Detailed explanation-4: -Coordination is the function of management which ensures that different departments and. groups work in sync. Therefore, there is unity of action among the employees, groups, and. departments.It also brings harmony in carrying out the different tasks and activities to achieve. the organization’s objectives efficiently.