From the above definitions, we can list the basic nature and characteristics of coordination as under: 1. It is a Dynamic and Continuous Process: Coordination helps in achieving organizational objectives through coordinated group efforts. Organizational objectives change with organizational budgets and priorities. (more…)
10 Main Characteristics of Co-ordination in an Organization
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9 Main Disadvantages of Multinational Organizations
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The disadvantages are described as follows: 1. Uncertainty: MNCs often scale down their production facilities and close the operations in situation of economic uncertainty. They practise hire and fire; hence, people employed in MNCs often lose their jobs. (more…)
4 Main Advantages and Disadvantages of Cooperative Organization
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Cooperative organizations are those organizations, which are different from the rest, as they are formed not for the purpose of making profit but to provide its members goods and services at reasonable rates. This form of organization primarily protects and safeguards the economic interests of its members. (more…)