ABC LTD. IS FACING A LOT OF PROBLEM THESE DAYS. THE COMPANIES PROFIT MARGIN IS DECLINING DAY BY DAY. THE PRODUCTION MANAGER IS BLAMING THE MARKETING MANAGER WHEREAS MARKETING MANAGER IS BLAMING THE PRODUCTION MANAGER OF PRODUCING PPOR QUALITY PRODUCTS. FINANCE DEPT IS BLAMING BOTH. WHAT QUALITY OF MANAGEMENT IS LACKING? (5M)

The quality which is lacking in the above case is 'coordination'. Coordination is the essence of management. It binds the people of the organisation and their activities to ensure a smooth functioning of the work. It is that force which unites the working and efforts of the people of the organisation towards the common objective of the organisation. This topic is covered in our NCERT solutions. Follow the below mentioned link to explain the importance of coordination in management.


https://www.meritnation.com/cbse/class12-commerce/ncert-solutions/business-studies/principles-and-functions-of-management/nature-and-significance-of-management/page28-Long-Answers-qno3/682_3719_30309/coordination-is-the-essence-of-management-do-you-agree