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Questions and Answers
What is the ultimate result of coordination in the production department?
What is the ultimate result of coordination in the production department?
What happens when there is no coordination among departments?
What happens when there is no coordination among departments?
What is the essence of management?
What is the essence of management?
What happens when members of a department cooperate but there is no coordination?
What happens when members of a department cooperate but there is no coordination?
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What is the role of coordination in the production department?
What is the role of coordination in the production department?
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What is the result of coordination in terms of employee satisfaction?
What is the result of coordination in terms of employee satisfaction?
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Who is responsible for coordination in an organization?
Who is responsible for coordination in an organization?
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What is the relationship between coordination and management?
What is the relationship between coordination and management?
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What happens when fabric purchased is of an inferior quality?
What happens when fabric purchased is of an inferior quality?
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What is the result of no coordination among departments?
What is the result of no coordination among departments?
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Study Notes
The Manager's Role
- A manager's daily life consists of a series of interrelated and continuous functions aimed at achieving the organization's goals.
- Smita, a manager, plans a special festive collection for Diwali, organizes funds, recruits workers, and communicates with suppliers to ensure deadlines.
Definition of Management
- Management is the process of designing and maintaining an environment in which individuals work together in groups to efficiently accomplish selected aims (Harold Koontz and Heinz Weihrich).
- Management is defined as the process of planning, organizing, actuating, and controlling an organization's operations to achieve coordination of human and material resources (Robert L. Trewelly and M. In).
Objectives of Management
- The main objective of any organization is to utilize human and material resources to the maximum possible advantage, ensuring survival, profit, and growth.
- Survival is the basic objective of any business, where an organization must earn enough revenues to cover costs.
- Profit is essential for business, as mere survival is not enough.
Nature of Management
- Management is an intangible force that cannot be seen but its presence can be felt in the way the organization functions.
- Management is a universal activity that is integral to all organizations.
- Management is as old as civilization, with organized activity existing since ancient civilizations.
- The term 'management' has several different connotations that highlight the different aspects of its nature.
Importance of Management
- Management helps people adapt to changes in the organization, maintaining its competitive edge.
- Management helps in achieving personal objectives, where individuals are able to achieve their goals while contributing to the overall organizational objective.
- Management is essential for an organization's success, as it creates a dynamic organization that can survive and grow.
Coordination
- Coordination is the responsibility of all managers in an organization.
- Coordination is the function of every manager, ensuring harmony and integration of activities.
- Coordination gives direction to the willing spirit of employees, preventing wasted effort and dissatisfaction.
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Description
A typical day in a manager's life involves a series of interrelated and continuous functions to achieve organizational goals.
