GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following functions is known as the essence of management?
A
Control
B
Planning
C
Organising
D
Co-ordinating
Explanation: 

Detailed explanation-1: -’Coordination’ function is the essence of management. Without coordination between employees and management, it is not possible for the organization to achieve organizational goals. The employees are required to understand and follow the directions of the management properly.

Detailed explanation-2: -Coordination is considered as the essence of management because of the following reasons: 1. Coordination is needed to perform all the functions of management: (i) In planning, coordination is required between the objectives and available resources.

Detailed explanation-3: -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. Coordination is the essence of management because of the following reasons: 2.

Detailed explanation-4: -Answer: Co-ordination is the Essence of Management.” The meaning of this sentence implies, Co-ordination affects all the functions of management. In other words, Co-ordination affects Planning, Organising, Staffing, Directing, Communication, Leading, Motivating and Controlling.

There is 1 question to complete.