Class 12 Business Studies - Chapter Nature and Significance of Management NCERT Solutions | Explain the importance of coordination a
Explain the importance of coordination as an essential function of management.
Coordination is essential because it ensures all departments and individuals within an organization work together effectively. Without coordination, resources may be wasted, efforts duplicated, and goals may not be met. The importance of coordination can be outlined as:
- Integration of Activities: Coordination integrates the functions of different departments, ensuring that every function contributes towards the common goal.
- Harmonious Decision-making: It eliminates conflicts between different departments and ensures smooth decision-making.
- Efficiency and Resource Optimization: Coordination prevents duplication of efforts, ensuring optimal use of resources, leading to cost-effectiveness and improved efficiency.
- Adaptability to Change: Coordination helps in aligning the organization to environmental changes, allowing it to remain dynamic and competitive.
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