Question
Business Studies Question on Principles of Management
XYZ company fails to achieve the target of 20% increase in sales. A meeting was called by the director of the company where Marketing manager blamed the Production manager for not meeting the increase in demand to supply, while Production manager blamed the Finance manager for not procuring raw material on time. Identify the concept of management lacking here.
A
Controlling
B
Staffing
C
Coordination
D
Financial Planning
Answer
Coordination
Explanation
Solution
The issue described reflects a lack of coordination between different departments, which is essential for achieving organizational goals.