All Courses

Home

BUSINESS STUDIES

Nature and Significance of Management

"It is the common thread that runs through all activities such as purchase, production, sales and finance to ensure continuity in the working of the o

Question

"It is the common thread that runs through all activities such as purchase, production, sales and finance to ensure continuity in the working of the organisation."
Identify the concept highlighted in the above lines.

Management

Coordination

Decentralisation

Organising

Solution

Correct option is B

Coordination is the common thread that runs through all activities such as purchase, production, sales and finance to ensure continuity in the working of the organisation.