Business Organisation and Management

22.Techniques of coordination:-

Sound planning
sound and simple  organisation
chain of command
effective communication
committees
conferences
Social coordinaions
sound leadership

Problems of coordination:-

Uncertainity
Biological
Organisaional limits

Coordination:- orderly arrangement of group efforts to provide unity of action in the pursuit of a common purpose

Leaderahip:-process of influencing others towards the accomplishment of goals

21. Importance of controlling:
Aids planning
Improves efficiency
Aids decision making
Aids coordination
Improves

Techniques of control:-
Budgetary control
Standard Costing
Brrak-even analysis
PERT/CPM
Return on investment

Budget:- A blue print of a projected course of action, stated in quantitative terms.

Controlling:- The process of setting standard of performance measuring and comparing actual performance with the standard, taking corrective action when necessary