Which of the following is the best mechanism for coordinating and controlling the activities of the major departments in a firm?
A)Sales forecasting.
B)A marketing cost analysis.
C)Budgeting.
D)Determining market and sales potentials.
E)Organizing the major departments.

Question

Quizplus · Accepted Answer

Budgeting is the best mechanism for coordinating and controlling the activities of the major departments in a firm as it involves setting targets, allocating resources, and monitoring results. It allows for clear communication of goals and enables each department to work towards achieving them, while also providing a means of measuring performance and making adjustments as needed. Sales forecasting, marketing cost analysis, and determining market and sales potentials are important components of the budgeting process but do not provide the same level of coordination and control over all departments. Organizing the major departments is also important but is a separate aspect of management that focuses on creating structures and processes for optimal efficiency and effectiveness.

Which of the Following Is the Best Mechanism for Coordinating