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Sameera is a manager of a large company manufacturing toys for kids. She plans her new winter collection of toys in the month of August. Then, she ensures that there is adequate workforce. She continuously monitors whether production is proceeding according to the plans. She asks the marketing department to prepare their promotional and advertising campaigns also.(a) Identify and explain the concept of management in the above para.(b) What characteristics does the above para highlight? State. |
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Answer» (a) Coordination: It is the force that binds all the functions of management. It is the common thread that runs through all activities such as purchase, production, sales, finance, etc. to ensure continuity in the working of the organization. Coordination is not a separate function of management. It is the essence of management. |
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