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  5. Nature & Significance Of Management

12th Class Business Studies Nature & Significance Of Management Question Bank Topic - 5 MCQs - Coordination

  • question_answer
    In Alpha Pvt. Ltd. the finance department took a loan of Rs.10 lakh from a bank. However, the cost department needed just Rs.5 lakh. As a result, on extra Rs.5 lakh interest cost is rise. Which aspect of management is lacking?

    A) Controlling        

    B) Coordination

    C) Directing           

    D) Planning

    Correct Answer: B

    Solution :

    [b]
    Explanation: In the above situation, there is a lack of coordination between finance department and cost department.


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