Business Studies- Nature and Significance of Management Set 1

Identify the feature of co-ordination being highlighted in the given statement: "Coordination is not a one time function, it begins at the planning stage and continue till controlling."

Identify the process that provides the requisite amount, quality, timing and sequence of efforts, which ensures that planned objectives are achieved with a minimum of conflict.

It is a force that binds all the functions Of management.

Co-ordination is considered to be the essence of management because

This function of Management related to placing the right person at the right job is

Supervision, communication, motivation and leadership are the key elements of this

This function of management relating to laying down the foundation for carrying out the other functions of management successfully is

The function of management related to grouping of activities to be carried out into departments and creating management hierarchy is

Organising as a function of management involves deciding

This level of management serves as a link between top level managers and first line managers.