wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Write short answer of the following :

Write a note on Importance of co-ordination.

Open in App
Solution

The importance of the co-ordinating function can be explained through the following points:

i. Harmonised goals - Coordination synchronises personal goals of the individuals and the overall goals of the organisation.

ii. Allotted work - Coordination integrates the opinions and thoughts of various specialists and departments of the organisation so as to avoid any diversion or conflict among them.

iii. Optimum utilisation of resources - The coordination function helps in optimum utilisation of resources by bringing together all the elements, i.e. human or non-human, and minimising the wastage of efforts and resources.

iv. Improves goodwill - Coordinating activities and functions of management helps in achieving the goals effectively and efficiently. This in turn helps in improving the goodwill of the organisation in the market.

v. Interdependence of divisions - As an organisation has various independent departments such as production, sales and finance, coordination is needed to synchronise their activities for the achievement of the common goals.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Leadership
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon