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Direction: Read the following text and answer the below questions :
A very innovative firm has decided to increase its sales. The company is good but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organisation and it gains huge profit. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes the size of the organisation grows and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of clear cut thinking in advance. The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.
Identify in the above lines a concept of management discussed which the company tries to bring.
  • a)
    Coordination
  • b)
    Cooperation
  • c)
    Controlling
  • d)
    Planning
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Direction: Read the following text and answer the below questions :A ...
Co-ordination is the unification, integration, synchronization of the efforts of group members so as to provide unity of action in the pursuit of common goals. It is a hidden force which binds all the other functions of management.
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Most Upvoted Answer
Direction: Read the following text and answer the below questions :A ...
Concept of Management: Coordination

Coordination is the concept of management discussed in the given text. It refers to the process of organizing all the activities of an organization in such a way that they work towards the same goals and objectives.

Coordination involves ensuring that all the different departments and individuals within an organization work together harmoniously and efficiently. In the case mentioned, the top management of the firm calls for an emergency meeting and outlines a series of activities to be performed by each person. This division of work among individuals is a form of coordination.

Importance of Coordination

- Helps in achieving organizational goals: By coordinating the activities of different departments, the organization can work towards achieving its overall objectives.
- Reduces confusion: Coordination helps in reducing confusion among employees regarding their assigned activities, ensuring that everyone is clear about their roles and responsibilities.
- Enhances productivity: When activities are coordinated effectively, it leads to increased productivity as resources are utilized efficiently.

Benefits of Coordination

- Improved communication: Coordination promotes better communication among employees and departments, leading to smoother workflow.
- Optimum resource utilization: Coordination helps in ensuring that resources are utilized optimally, avoiding duplication of efforts.
- Enhanced teamwork: By promoting collaboration and teamwork, coordination fosters a positive work environment and improves employee morale.

In conclusion, coordination is a crucial concept of management that helps in aligning the efforts of individuals and departments towards the common goals of the organization. It plays a vital role in ensuring efficiency, productivity, and overall success of the firm.
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Direction: Read the following text and answer the below questions :A very innovative firm has decided to increase its sales. The company is good but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organisation and it gains huge profit. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes the size of the organisation grows and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of clear cut thinking in advance. The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. Can you explain this answer?
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Direction: Read the following text and answer the below questions :A very innovative firm has decided to increase its sales. The company is good but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organisation and it gains huge profit. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes the size of the organisation grows and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of clear cut thinking in advance. The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the below questions :A very innovative firm has decided to increase its sales. The company is good but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organisation and it gains huge profit. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes the size of the organisation grows and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of clear cut thinking in advance. The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the below questions :A very innovative firm has decided to increase its sales. The company is good but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organisation and it gains huge profit. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes the size of the organisation grows and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of clear cut thinking in advance. The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Direction: Read the following text and answer the below questions :A very innovative firm has decided to increase its sales. The company is good but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organisation and it gains huge profit. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes the size of the organisation grows and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of clear cut thinking in advance. The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
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The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Read the following text and answer the below questions :A very innovative firm has decided to increase its sales. The company is good but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organisation and it gains huge profit. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes the size of the organisation grows and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of clear cut thinking in advance. The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Direction: Read the following text and answer the below questions :A very innovative firm has decided to increase its sales. The company is good but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organisation and it gains huge profit. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes the size of the organisation grows and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of clear cut thinking in advance. The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. 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The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following text and answer the below questions :A very innovative firm has decided to increase its sales. The company is good but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organisation and it gains huge profit. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes the size of the organisation grows and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of clear cut thinking in advance. The main idea is to reduce confusion among the employees regarding any of the activities they have been assigned.Identify in the above lines a concept of management discussed which the company tries to bring.a)Coordinationb)Cooperationc)Controllingd)PlanningCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
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