State with reasons whether the following statements are TRUE or FALSE : 5. Coordination is the essence of management

State with reasons whether the following statements are TRUE or FALSE :
5. Coordination is the essence of management True

Explanation: Coordination is the essence of management, as it binds the people of the organisation and their activities to ensure the smooth functioning of the business. Coordination links the interrelated functions of the management and is found at every level of management.

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