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 organisation. It is implicit and inherent in all the functions of an organisation. Identify this concept:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Management
- 2Administration
- 3Coordination✓
- 4Directing
Correct answer
Coordination
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