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In a company, the marketing department's...

In a company, the marketing department's objective is to increase sales by 10 percent by offering discounts. But the finance department does not apporve such discounts as it means loss of revenue.
These kinds of conflict arise in organisations because of the lack of one of the concepts of management.
(a) Identify and explain the concept of management highlighted above.
(b) State the characteristic of management the company is violating.

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(a) Coordination (give explanation of the concept of coordination)
(b) Management is a group activity.
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Explore conceptually related problems

Sigma Ltd. Is a large company manufacturing electric motors. The company has several departments-Production, Marketing Finance and HR. Mr. Shashank, CEO of the company set a target sale of Rs. 10 crore in a month. To increase the sales, the marketing manager, Mr. Ishaan insists on offering 10% discount to customers. But the finance manager, Mr. Mohak does not approve such discount as it would mean loss of revenue. Because of dual subordination, the sales manager, Mr. Anshik could not achieve the sales target. (a) Which concept of management Sigma Ltd. is lacking ? (b) Which principle of management has been overlooked by this company ? Explain.

The concept of Joint Forest Management (JEM) involves

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